According to Coinbase Chief Legal Officer Paul Grewal, Virginia Governor Abigail Spanberger has signed HB 798, officially incorporating digital assets into the state's unclaimed property legal framework, and clarifying that related assets should be returned in their native form (in-kind escheatment), rather than being forcibly converted into fiat currency.
According to Coinbase Chief Legal Officer Paul Grewal, Virginia Governor Abigail Spanberger has signed HB 798, officially incorporating digital assets into the state's unclaimed property legal framework, and clarifying that related assets should be returned in their native form (in-kind escheatment), rather than being forcibly converted into fiat currency.