According to BitcoinNews, Louisiana has passed HB1256, officially establishing regulatory rules for unclaimed cryptocurrencies and digital assets in the state. Under this bill, digital asset accounts will be presumed abandoned after three consecutive years of inactivity. Additionally, the bill explicitly outlines the specific procedures for asset holders to transfer, liquidate, and remit these abandoned digital assets to the state government.

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DustCollector
· 3h ago
The four characters 'liquidation and remittance' in the bill details are worth pondering—are they referring to an auction or outright confiscation?
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LittleBearWatchingTheMarket
· 3h ago
Holders, remember to set a calendar reminder to move your wallet every two and a half years.
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WalletHealthInspector
· 3h ago
Is it considered abandoned if I don't move it for 3 years? My cold wallet is trembling.
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RedTelephoneBoothSite
· 3h ago
Louisiana is treating dormant wallets as ATMs, aren't they?
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ThereAreCatsInTheContract.
· 3h ago
What should the state government do after it collects the coins—dump the market directly or hodl? That really affects the market.
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Tangerine-FlavoredPullback
· 3h ago
Trivia: The definitions of unclaimed property vary greatly across U.S. states, and this time Louisiana has singled out crypto separately.
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