The SEC chairman stated that any U.S. action regarding Venezuela's Bitcoin assets exceeds the authority of the SEC.
Claims that Venezuela holds up to 600,000 Bitcoin remain unverified by blockchain analysts.
U.S. lawmakers are focusing on regulating the crypto market as questions about Venezuelan Bitcoin remain unresolved.
The head of the U.S. securities regulatory agency has distanced himself from any potential U.S. initiative aimed at seizing the presumed Bitcoin reserves of Venezuela, estimated at $60 billion. His remarks cast doubt on one of the most sensational claims circulating in global crypto markets.
In a television interview, SEC Chairman Paul Atkins stated that decisions regarding the seizure of foreign assets are the responsibility of authorities other than the Securities and Exchange Commission.
« …I leave this to other members of the administration… I am not involved in this matter, » responded Paul Atkins when asked if the United States would "take these Bitcoins."