SEC Chairman Comments on Potential U.S. Seizure of Venezuela’s Bitcoin
The post SEC Chairman Comments on Potential U.S. Seizure of Venezuela’s Bitcoin appeared on BitcoinEthereumNews.com.
Key Points: SEC Chairman Paul Atkins addresses potential U.S. Bitcoin seizure. $60 billion in Bitcoin linked to Venezuela remains unverified. Market reactions are muted; Bitcoin price remains stable. U.S. SEC Chairman Paul Atkins, in a Fox Business interview, addressed unverified reports of Venezuela’s Bitcoin holdings worth up to $60 billion, without confirming potential U.S. actions. The potential seizure of a sovereign nation’s Bitcoin would raise complex international law questions, affecting markets and showcasing custody challenges in cryptocurrency governance. Uncertainty Over Venezuela’s Alleged $60 Billion Bitcoin Reserves SEC Chairman Paul Atkins addressed speculation over the possible U.S. seizure of Bitcoin allegedly held by Venezuela. During a Fox Business interview, Atkins stated he is not involved in the decision-making process and the U.S. actions “remain to be seen.” The primary focus involves the unconfirmed reports that Venezuela holds up to 600,000 BTC worth approximately $60 billion. Analysts have not verified these figures, and no changes in U.S. or Venezuelan policies have been officially stated. Market reactions have been limited, with Bitcoin prices maintaining stability around $91,000. Comments by Atkins did not trigger notable reactions in the industry, underscoring the ongoing uncertainty of these reports. Potential Consequences of U.S. Seizing a Nation’s Bitcoin Did you know? Venezuela’s alleged $60 billion in Bitcoin reserves, if confirmed, would represent approximately 3% of Bitcoin’s fully diluted market cap, posing significant international law challenges. According to CoinMarketCap, Bitcoin’s price stands at $91,392.24, with a market cap of $1.83 trillion and a market dominance of 58.70%. The 24-hour trading volume increased by 108.69%, yet Bitcoin has seen a 19.01% price decline over 90 days. Price changes were -0.04% over 24 hours, -2.66% over 7 days, and 1.12% over 30 days, with the circulating supply at 19.98 million BTC. Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 01:12 UTC on…
Filed under: News - @ January 13, 2026 1:21 am