California Enacts SB 822 to Protect Unclaimed Crypto Investments

2025-10-14 09:57

California Governor Gavin Newsom has signed SB 822 into law, preventing the state from liquidating unclaimed cryptocurrency investments without the owner's consent. The bill, sponsored by Senator Josh Becker, aims to safeguard the rights of Californians in managing their digital assets. This legislative move aligns California with the practices of 46 other states that have similar protections in place. The new law is seen as a step towards ensuring that residents can maintain control over their cryptocurrency holdings, including the right to stake with platforms like Coinbase.

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