# Unclaimed Property Articoli collegati

Il Centro Notizie HTX fornisce gli articoli più recenti e le analisi più approfondite su "Unclaimed Property", coprendo tendenze di mercato, aggiornamenti sui progetti, sviluppi tecnologici e politiche normative nel settore crypto.

Kansas Bill Aims to Establish Bitcoin and Digital Asset Reserve Fund

Kansas legislators have introduced Senate Bill 352, proposing the creation of a Bitcoin and Digital Asset Reserve Fund. The bill, filed by State Senator Craig Bowser, amends unclaimed property laws to classify digital assets like Bitcoin as abandoned after three years of inactivity. Custodians such as exchanges must transfer these assets to the state. The state treasurer would manage the fund by staking assets, earning airdrops and interest, with non-Bitcoin assets partially funding state operations while Bitcoin is held in reserve. The bill has been referred to committee, reflecting growing U.S. interest in regulating and integrating cryptocurrencies into government financial strategies.

TheNewsCrypto01/23 15:14

Kansas Bill Aims to Establish Bitcoin and Digital Asset Reserve Fund

TheNewsCrypto01/23 15:14

"Assets Dormant for Three Years" Will Be Confiscated? The Truth About California's New Bill SB 822 Explained

A new California law, SB 822, which takes effect in 2026, has caused concern in the crypto community over fears that inactive exchange accounts could be "confiscated." However, this is a misunderstanding. The law extends the state’s existing Unclaimed Property Law (UPL) to digital assets held on centralized exchanges. Key points: - Assets are considered "unclaimed" only if there has no owner activity for three years AND the exchange is unable to contact the owner. - "Owner activity" is broadly defined and includes logging in, trading, or even just responding to an email, which resets the three-year timer. - Exchanges must send a prominent warning notice 6-12 months before reporting assets to the state. A simple response stops the process. - Crucially, transferred assets are NOT immediately liquidated. The state must hold the original crypto for 18-20 months, allowing owners to reclaim their exact tokens. Only after that may assets be sold for cash. - The law only applies to assets held on centralized exchanges (the "holder"). Self-custodied wallets, like cold wallets or DeFi LP tokens, are completely exempt. - Owners can always claim their property from the state, even years later, though they may receive cash instead of crypto if it was already sold. The article advises users to perform a simple activity (e.g., logging in) annually to keep accounts active or move large holdings to self-custody to avoid the law entirely. It concludes that SB 822, while intrusive, provides a legal safety net that protects user assets from being lost or misappropriated by failed exchanges.

marsbit01/07 07:07

"Assets Dormant for Three Years" Will Be Confiscated? The Truth About California's New Bill SB 822 Explained

marsbit01/07 07:07

California’s new crypto law puts 3-year timer on unclaimed Bitcoin

California has passed Assembly Bill 1052, incorporating digital assets like Bitcoin into its Unclaimed Property Law. After three years of inactivity, unclaimed crypto held by custodians will be considered abandoned. Unlike some states that liquidate dormant assets, California will hold them in their original form through a licensed custodian. The law aims to protect consumer assets and modernize the state’s economic systems, but it places a significant compliance burden on exchanges to notify users. The move encourages a shift from the "HODL" mindset toward self-custody to avoid state control. The bill passed with a unanimous 69–0 vote, reflecting bipartisan support for crypto regulation.

ambcrypto01/06 11:17

California’s new crypto law puts 3-year timer on unclaimed Bitcoin

ambcrypto01/06 11:17

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