00:00It's Benzinga bringing Wall Street to Main Street
00:02Following President Nicolas Maduro's deposition last weekend, attention has turned to whether
00:07Venezuela holds sizable amounts of Bitcoin and how those assets could affect global markets,
00:12according to CNBC. Experts told CNBC it is reasonable to assume Venezuela holds substantial
00:18Bitcoin, potentially worth billions of dollars, after turning to assets like crypto and gold
00:23when sanctions cut it off from the global financial system. Analysts said any Bitcoin
00:27would likely be spread across many wallets, making tracking difficult. Possible outcomes
00:32include asset sales, confiscation by authorities or US enforcement actions. Speculation has also
00:38emerged around whether seized assets could factor into Trump's proposed strategic Bitcoin reserve.
00:44For all things money, visit Benzinga.com
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