(Tahoe Daily Tribune) California has become the first state in the U.S. to make sure your forgotten crypto doesn’t quietly disappear. Earlier this October, Governor Gavin Newsom signed Senate Bill 822, which now stops the automatic liquidation of unclaimed cryptocurrency. Despite this new law being a simple idea, it has a massive impact. If you’re left Ethereum, Bitcoin, or any other crypto token untouched for three years, the state can now keep these coins in their original form as opposed to converting them for cash.
Read more here.