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This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-06-05 04:14:43 UTC
Verified By
Rollup News
The California Assembly has passed a bill to regulate digital assets, requiring Bitcoin and crypto left on exchanges for 3 years to be transferred to the state before owners can reclaim them. The bill is now moving to the Senate.
Regulation of digital assets in California
Requirement for exchanges to transfer unclaimed crypto to the state
Potential impact on Bitcoin and crypto owners
Enforcement of the new regulations
Impact on crypto exchanges operating in California
User adoption and awareness