It's about assets on exchanges. Exchanges know who owns the account and where they live. > To put it simply, the bill, once passed, allows the state of Califor

It's about assets on exchanges. Exchanges know who owns the account and where they live. > To put it simply, the bill, once passed, allows the state of California to seize cryptocurrencies left unclaimed on exchanges for 3 years, which can then be claimed by their owners. > Notably, the bill earlier mentioned crypto self-custody provisions which have been deleted.