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SEC’s Paul Atkins Says U.S. Action on Venezuela’s Bitcoin Remains Unclear
The U.S. Securities and Exchange Commission (SEC) Chair, Paul Atkins, did not rule out the possibility of the U.S. seizing Venezuela’s reported Bitcoin holdings. In an interview on Fox Business, Atkins responded to the claims that Venezuela holds up to $60 billion worth of Bitcoin. While several analysts have questioned the validity of these reports, Atkins stated that it “remains to be seen” what actions the U.S. might take regarding the alleged 600,000 BTC. The claims regarding Venezuela’s Bitcoin holdings surfaced after the U.S. government, under President Donald Trump, captured President Nicolás Maduro. ... (full story)