California Makes History: First State to Protect Unclaimed Crypto Assets - Coinbase CLO Responds
California shatters precedent with landmark crypto protection legislation.
The Unclaimed Digital Assets Shield
California becomes the pioneering state to safeguard forgotten cryptocurrency holdings—finally giving digital assets the same protection status as traditional unclaimed property. No more vanishing Bitcoin, disappearing Ethereum, or lost altcoins falling through regulatory cracks.Coinbase's Legal Chief Weighs In
The exchange's Chief Legal Officer immediately reacted to the groundbreaking move, signaling industry approval for the regulatory clarity. Finally, someone in government understands that digital assets aren't just imaginary internet money—they're real value that deserves real protection.Regulatory Waters Test Crypto's Future
This legislation creates a framework that could spread nationwide, forcing other states to confront the reality that crypto isn't going anywhere. About time traditional finance caught up—though Wall Street will probably still claim they invented blockchain next week.
What’s Going On with Pi Network (PI) this Week
Here’s a quick update:
- Protocol progress: Pi is in the final phases of its Testnet stage (v23 upgrades) and is working toward Mainnet. Developers are pushing for stability, feature rollout, and ecosystem maturity.
- Ecosystem growth: More than 210 live apps claim to be on the Pi network. Meanwhile, over 23,000 developers/projects are reportedly lining up behind Pi Studio.
- Hackathon incentive: A prize pool of 160,000 PI (distributed among top developers) is adding excitement. Many see that as a direct attempt to boost developer engagement and utility.
- Recent volatility: PI’s price has dipped, falling toward $0.1585 lows. The question now is whether upcoming events (such as upgrades and hackathon results) can reverse the sentiment.
- Skepticism growing: Some analysts warn of centralized token distributions, large exchange reserves, and token unlocks; all potential pressure points if PI’s utility doesn’t deliver.
So yes, Pi has movement. But movement doesn’t always guarantee upside (especially in early-stage projects).
Remittix Presale: The Real Underdog Under $1
While many are watching PI, Remittix is quietly gathering signals that suggest it deserves a serious spot on your radar. Here’s why Remittix is standing out:
- Fundraising momentum: The presale has already raised over $27.4 million, attracting many early backers. Listings on BitMart and LBank are also locked in.
- Audit and trust signals: Remittix’s smart contracts passed a CertiK audit, and team liquidity/token vesting are locked; building credibility in a field crowded with risky bets.
- Attractive reward program: 15% USDT referral rewards are driving the community crazy and boosting viral adoption. There’s also a $250,000 giveaway ongoing to bring in even more visibility and engagement.
- Global payments scope: Unlike many tokens chasing utility, Remittix is actively building PayFi infrastructure, enabling crypto-to-fiat bank transfers across 30+ fiat currencies and 50+ crypto pairs.
- Long-term alignment: Team tokens and liquidity locked for 3 years, meaning early holders have more confidence that the project isn’t a pump-and-dump.
What Makes Remittix a Better Bet Right Now
If you want to pick one under-$1 crypto to watch this weekend:
- Pi: Worth a small speculative allocation; if upgrades, hackathon results, or adoption news land cleanly, it could bounce.
- Remittix: The stronger play for upside. Its presale momentum, utility vision, and structural signals make it better suited for outsized gains, especially if crypto sentiment turns bullish.
Altogether, PI is still battling proof of utility and user adoption. That’s fine, but it’s a long road. Remittix, on the other hand, is marrying narrative + infrastructure: not just “another token,” but a payments bridge between crypto and traditional finance. And in an environment where speculative capital chases catalysts, Remittix may be better positioned to capitalize on a breakout week or news spike.
Discover the future of PayFi with Remittix by checking out the project here:Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
