California AB 1052 Targets Idle Crypto as Unclaimed Property After 3 Years

California’s State Assembly has given its approval to a new bill, Assembly Bill 1052, that could significantly change how digital assets are treated under the state’s unclaimed property laws. The bill passed with a strong 78–0 vote on June 3.  If it becomes law, AB 1052 seeks to classify idle cryptocurrency held on exchanges as […] The post California AB 1052 Targets Idle Crypto as Unclaimed Property After 3 Years appeared first on Coin Edition.