SEC Chair Paul Atkins clarified that the potential seizure of approximately $60 billion in Bitcoin reportedly held by Venezuela is not within the SEC's jurisdiction. Speaking on Fox Business, Atkins stated that other government departments would handle such matters. He also highlighted the significance of this week for U.S. crypto regulation, as the Senate reviews a bipartisan crypto bill aimed at providing clearer regulatory frameworks and defining the roles of the SEC and CFTC. This legislative progress is seen as a key indicator of U.S. crypto policy direction this year.
SEC Chair Clarifies Role in Potential Seizure of Venezuelan Bitcoin
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