California has taken a significant step forward in regulating digital assets, passing a new bill that will protect unclaimed cryptocurrency. The AB1052 bill, officially passed by the California […]
California Enacts New Law Targeting Long-Dormant Cryptocurrency
California is taking a step towards regulating digital assets by passing legislation that treats long-dormant cryptocurrency holdings like unclaimed property. If the bill becomes law, funds left untouched […]
California Advances Unclaimed Crypto Property Bill
California’s House of Representatives has voted to advance a bill that designates dormant crypto assets as unclaimed property, sending the measure to the Senate for further consideration. The […]
California Senate Advances Bill to Clarify Crypto as Unclaimed Property
California lawmakers took a significant step forward in regulating digital assets, advancing SB 822 with the goal of clarifying the classification of cryptocurrencies as unclaimed property. This bill, […]
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 […]