CryptoNeutralThe Block · 4h ago6/10
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Virginia to hold dormant crypto ‘in-kind’ for at least one year under new law
Virginia has enacted legislation requiring unclaimed cryptocurrency assets held in customer accounts to be transferred to state custody and held in-kind for a minimum of one year. This marks a significant regulatory development in how U.S. states handle dormant digital assets, treating crypto similarly to traditional unclaimed property while preserving its native form rather than converting it to fiat.
