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California Crypto Bill Passed by Assembly for Inactive-Assets
California Crypto Bill Passed by Assembly for Inactive-Assets
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The California Assembly has advanced a new regulatory framework targeting inactive digital asset accounts. The bill, designated AB..., signals growing legislative scrutiny of cryptocurrency custody practices.
While the measure doesn't specify particular cryptocurrencies, its passage reflects broader governmental efforts to establish guardrails for digital asset management. Market participants anticipate potential Ripple effects across exchanges and custody providers operating in the state.
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