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by: xpoolPosted on: October 14, 2025

California Prohibits Forced Liquidation of Dormant Crypto Accounts

California has taken a significant step in safeguarding unclaimed cryptocurrencies by blocking forced liquidation of inactive accounts. Senate Bill 822, signed into law by Governor Gavin Newsom, mandates the preservation of digital assets within their native form instead of automatic cash conversion by custodial platforms.

Related posts:

  1. California Aims to Protect Crypto Users with New Bill (AB-1052)
  2. California Revolutionizes Crypto Taxes: State Takes Custody of Abandoned Coins
  3. Ohio Lawmakers Aim to Foster Crypto Growth with New Tax Protection Bill
  4. Michael Saylor Unveils Digital Asset Framework for U.S. Economic Leadership
California Cryptocurrency Digital Assets

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