California’s Dormant Crypto Law: Is Your Digital Fortune at Risk? The Unsettling Truth Behind AB 1052
California’s AB 1052: Could your hodled crypto be seized? Uncover the truth about the state’s new unclaimed property law and what it means for your crypto holdings.
A legislative wave is brewing in California that could redefine how you manage your digital assets. While the headlines might sound benign – “unclaimed property laws updated for crypto” – the reality of Assembly Bill 1052 (AB 1052) is sparking debate and raising questions for cryptocurrency holders. Dry legal jargon aside, the real question is could your carefully hoarded crypto vanish into the state’s coffers, just because you’re quietly HODLing?
The Three-Year Time Bomb: Are You Really “Engaging” with Your Assets?
At its core, AB 1052 states that if…