SEC Chair: Whether the US Will Seize Venezuela's Bitcoin Remains to Be Seen

According to Odaily, SEC Chairman Paul Atkins stated in an interview with Fox Business that whether U.S. authorities will seize the bitcoin reportedly held by Venezuela after the arrest of its president remains to be seen. Regarding reports that Venezuela holds bitcoin worth $60 billion (about 600,000 BTC), Paul Atkins said he is not involved in such decisions, which will be handled by other government departments. Currently, several blockchain analysis institutions have not confirmed the claim that the country holds $60 billion in cryptocurrency. In addition, 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 its progress may be delayed due to factors such as the 2026 midterm election campaigns.