#TradingPairs101 💼 California wants to reclaim dormant crypto after 3 years, keeping BTC unchanged against USD

The AB 1052 bill has just been passed by the California House with the aim of updating unclaimed property laws: if a crypto account has no activity for 3 years, the assets can be taken over by the state — but will be kept in the form of BTC rather than being sold off.

The bill also allows individuals and businesses to use crypto for legal payments in California. The law is expected to take effect from July 1, 2026, if fully passed.

Controversial opinions have erupted, but many experts believe this is a positive improvement that better protects user rights.