trey on Nostr: Some clarification on that California law It insures that inactive coins on an ...
Some clarification on that California law
It insures that inactive coins on an exchange can’t be sold, and that the bitcoin remains bitcoin for the owners to rightly claim after the fact.
Without this law custodians could just sell the coins, but now it’s wrapped up in an unclaimed property law which is good for consumers in CA.
Published at
2025-06-04 20:14:47Event JSON
{
"id": "b24cf1cf45d77fd4c2cd37a7507af9c7972ff044c8a9a1d66690a843331cad2e",
"pubkey": "d5415a313d38461ff93a8c170f941b2cd4a66a5cfdbb093406960f6cb317849f",
"created_at": 1749068087,
"kind": 1,
"tags": [
[
"e",
"55dbd871e3a6ea43fedf895c46e22e7bade42ba3130b18c7617588ffa596baf5",
"",
"root"
],
[
"imeta",
"url https://i.nostr.build/PdgbXDKa9knGyUMI.jpg",
"blurhash eUCG0sjHs-s.My9bs:jboLt69at6jaWBxa~UV[oes.M|IWj]ofoej?",
"dim 1290x1855"
],
[
"p",
"e2ccf7cf20403f3f2a4a55b328f0de3be38558a7d5f33632fdaaefc726c1c8eb"
],
[
"r",
"https://i.nostr.build/PdgbXDKa9knGyUMI.jpg"
]
],
"content": "Some clarification on that California law\n\nIt insures that inactive coins on an exchange can’t be sold, and that the bitcoin remains bitcoin for the owners to rightly claim after the fact. \n\nWithout this law custodians could just sell the coins, but now it’s wrapped up in an unclaimed property law which is good for consumers in CA.\n\nhttps://i.nostr.build/PdgbXDKa9knGyUMI.jpg",
"sig": "f21cde8abe94bfa5a0c9e32f331351652145ec6c266f1fc96b40812b70a552de08d45e7f68f0ded4fdb79ff828cbb7859742dac8f5cae92079e0737cc6363200"
}
