What happens to Venezuelan govt's Bitcoin purchases?

[Olatundespo]

Now that the leadership has changed, so will the stance on many things including economics. They could outright ban crypto in Venezuela if they wanted another storm but I doubt it. That being said, what will happen to the crypto purchases that were made during the previous govt? Stashed like they would if it was gold or other precious metals?

US president Trump strategy to change the leadership of Venezuela has not caused much damage to the people or the resources there. They have only taken over the country's significant oil resources. Administrative responsibility is still unclear, but the Trump administration may soon give someone from the opposition party responsibility. The next government will decide on the purchase of Bitcoin, or Trump can confiscate it if he wants. It is likely that Trump will not exert influence over the reserves managed by the central bank.

[henry_of_skalitz]

^ Yep, it's not his target, like, at all.

But all is possible when a wild card dictates the rules.

[Zlantann]

Is Trump the president of Venezuela, or has Venezuela become a new state of the US? What right do Trump and Washington have to rule Venezuela when it remains an independent nation?

If Venezuela truly possessed bitcoin, they could do whatever they wanted. No one could interfere or make decision for them. It can be added to the national reserves or used to serve the interests of the people and country of Venezuela. There is no reason to share it with of the US

This post was published by Trump on his Truth Social account. Trump calls himself the acting president of Venezuela.


 
Trump is not the president of Venezuela, but you don't need to be told that he controls the country now. He doesn't have respect for international laws or the territorial integrity of any country. The resources of Venezuela are now under the control of the US. Interim President Delcy Rodriguez is a puppet.

[BALIK]

This post was published by Trump on his Truth Social account. Trump calls himself the acting president of Venezuela.


 
Trump is not the president of Venezuela, but you don't need to be told that he controls the country now. He doesn't have respect for international laws or the territorial integrity of any country. The resources of Venezuela are now under the control of the US. Interim President Delcy Rodriguez is a puppet.

We should not be naive and believe everything Trump says.

Regarding the situation in Venezuela, although the US has arrested Maduro and Delcy Rodriguez is the interim president, but they remain members of the old regime.
It can be said that the situation there remains very chaotic, and there is no guarantee that the US is in control of everything there. That is why Trump has repeatedly warned the current administration, and major American oil and gas companies have no intention of returning there, despite Trump's attempts to persuade them.


https://www.politico.com/news/2026/01/09/venezuela-is-uninvestible-for-now-exxon-ceo-tells-trump-in-white-house-meeting-00720198

[zasad@]

Now that the leadership has changed, so will the stance on many things including economics. They could outright ban crypto in Venezuela if they wanted another storm but I doubt it. That being said, what will happen to the crypto purchases that were made during the previous govt? Stashed like they would if it was gold or other precious metals?

Following the attack on Venezuela and the capture of the country's president, there haven't been any significant changes.
Technically, the US government will be able to confiscate crypto assets if it finds the private keys. Then they'll need to prove that these are criminal coins. However, these assets are likely spread across various wallets, and this isn't a top priority for the US.