What's the Deal with Venezuela's Bitcoin?

USATue Jan 13 2026
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Venezuela's Bitcoin stash is making headlines, but is it real? Some say the country has up to $60 billion worth of Bitcoin. But can anyone prove it? Not yet. This news came out after US forces captured Venezuela's former president, Nicolás Maduro. Now, people are wondering if the US will try to take control of this Bitcoin. Paul Atkins, a big shot at the US Securities and Exchange Commission, was asked about it. He said it's not his call and that others in the government would decide. He didn't rule out the possibility, though. So, what's next? Nobody knows for sure.
Venezuela has been involved in the crypto world before. They even launched a digital currency backed by oil a few years ago. But this Bitcoin news is still unconfirmed. Experts are still checking the blockchain to see if it's true. Meanwhile, the US Senate is looking at a new bill about digital assets. The Digital Asset Market Clarity Act is supposed to give more power to regulators. But it's been delayed because of government shutdowns and other issues. Some people want more rules, while others are worried about how it will affect the industry. The bill might get delayed again because of elections and another possible government shutdown. But one thing is clear: the US is trying to figure out how to handle digital assets. And Venezuela's Bitcoin is just one part of the puzzle.
https://localnews.ai/article/whats-the-deal-with-venezuelas-bitcoin-113138bb

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