SEC Chairman: Whether the U.S. Will Seize Venezuela's Alleged Bitcoin Holdings Remains to Be Seen

Odaily News: Paul Atkins, Chairman of the U.S. SEC, stated in an interview with Fox Business that it remains to be seen whether U.S. authorities will seize the country's rumored Bitcoin holdings following the arrest of the Venezuelan President. Regarding reports that Venezuela holds Bitcoin valued at $60 billion (approximately 600,000 BTC), Paul Atkins indicated he is not involved in such decisions, which will be handled by other government departments. Currently, multiple blockchain analysis firms have not confirmed the claim that the country holds $60 billion in cryptocurrency. Additionally, the U.S. Senate Banking Committee plans to review the Digital Asset Market Transparency Act (CLARITY) this Thursday. The bill aims to grant the Commodity Futures Trading Commission more regulatory authority over digital assets but may face delays due to factors such as the 2026 midterm election campaigns.