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by: xpoolPosted on: June 4, 2025

California May Seize Unclaimed Bitcoin: New Bill Aims for State Custody

California’s recent legislation, SB 822, proposes the potential state seizure of unclaimed Bitcoin. While not yet in effect, the bill grants the California State Controller the discretion to refuse asset custody if deemed unsuitable. This raises questions about the bill’s impact on the scale and transferability of these assets.

Related posts:

  1. California Assembly Unanimously Passes Bill Allowing Bitcoin Payments
  2. California Assembly Approves Bill to Accept Bitcoin Payments
  3. California Approves Bitcoin Payments for Government Services by 2026
  4. California to Accept Bitcoin as Government Payment by 2026
Bitcoin California Unclaimed Property

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