Foresight News reports that Bitcoin Laws has stated that the state of Texas in the United States has enacted the 'Asset Forfeiture Law' SB1498, which allows the state to seize digital assets related to criminal activities. The proceeds will go into a special forfeiture fund, rather than the strategically created Bitcoin reserve under the state's SB 21 bill.
Texas Enacts Digital Asset Forfeiture Law SB1498, Criminal-Related Digital Assets Will Go to Special Fund
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