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'Not Your Keys Not Your Crypto' — California Passes Bill To Seize Inactive Crypto Wallets

The California State Assembly has passed a new bill targeting dormant crypto wallets, allowing the state to seize crypto from these wallets.

California bill allowing state to seize "inactive" crypto wallets after three years passes Assembly, awaits Senate action. Not believed to affect self-hosted 'cold' wallets, just exchange wallets.