The US government could reportedly seize Venezuela’s Bitcoin & crypto reserves worth billions of dollars, according to CNBC. According to CNBC, the country owns more than 600,000.00 seized bitcoins valued at billions. CNBC reports multiple stories that Venezuelan officials have been trying to avoid sanctions by selling oil using Tether (USDT), and then converting it into Bitcoin. “So even the promise that perhaps the US government, when they came in, might seize these assets, hold on to it, that’s a bull case for Bitcoin,” CNBC’s analyst on the broadcasts today said:
Donald Trump, the US president, announced on Saturday that America is now a nation of immigrants. “going to run” Venezuela is a safe place to be until the opportunity arises for an influx of tourists. “safe, proper and judicious transition,” After Maduro was detained on charges of drug possession and weaponry. Trump said U.S. companies would begin investing in Venezuelan oil infrastructure. Venezuela’s crude oil reserves are among the biggest in the world. However, under Maduro, Venezuela has begun to embrace crypto. He has often praised Bitcoin and digital currencies in general, while highlighting their global significance.
In addition, hyperinflation and banking failures have led to the widespread adoption of peer-to-peer and stablecoins. These are now essential for financial infrastructure, both for citizens and in some cases for government-linked trading. After the US decided to jump into the crypto market on a federal level under Trump last year, it may also decide to buy Venezuela’s oil and President, along with its Bitcoin.
Also Read: Exxon, Chevron Rally: US-Venezuela Oil War Sparks Oil Stocks
The U.S. Government’s Bitcoin Holdings, which are estimated to be over 325,000 BTC by the end of 2025, is significant. The majority of these tokens are from seizure, which makes it the biggest governmental holder of BTC. The US could use Venezuela’s BTC to add to its growing Bitcoin stockpile.
Bitcoin surpassed $94,000 Monday, after having traded below $90,000. After a 6% decline in 2025, the world’s most popular cryptocurrency has already risen 7% so far this year.
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Source: watcher.guru
