Virginia Governor Signs Law Protecting Dormant Crypto From Forced Liquidation

Piyasa gündeminde öne çıkan haber: Virginia Governor Signs Law Protecting Dormant Crypto From Forced Liquidation Price data by News Business Virginia Governor Signs Law Protecting Dormant Crypto From Forced Liquidation The legislation ensures unclaimed digital assets are held in their native form for at least one year before the state can move to sell them. By Vismaya V Edited by Stephen Graves Apr 15, 2026 Apr 15, 2026 3 min read Image: Shutterstock/ Create an account to save your articles. Add on Google Add as your preferred source to see more of our stories on Google.

In brief Virginia's HB 798 extends unclaimed property rules to cover digital assets. The law bars the state from liquidating dormant crypto for at least one year after delivery. Holders with partial key access must retain assets until a full transfer is possible.

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Virginia Governor Abigail Spanberger has signed legislation updating the state's unclaimed property rules to cover digital assets, requiring that dormant crypto be held in its original form for at least one year before any sale can proceed. Introduced by Delegate C. , HB 798 amends the Virginia Disposition of Unclaimed Property Act to create a statutory framework for dormant digital asset accounts.

Crypto held in dormant accounts is presumed abandoned after five years of inactivity, according to the legislation. Spanberger signed the bill on Monday; it takes effect July 1, 2026. The law puts Virginia in step with a rising movement among states to stop dormant crypto from being automatically converted to cash.

Forced liquidation can trigger tax liabilities for consumers without their knowledge or consent, and wipes out any potential upside if prices rise after assets are handed over to the state. HB 798 passed the House 96-2 and cleared the Senate 40-0 before reaching Spanberger's desk. Coinbase Chief Legal Officer Paul Grewal heralded the law as “good news” in a tweet , adding that it, “updates the state's unclaimed property statute to cover digital assets and ensures they are escheated in-kind.

" Some good news out of Virginia. Governor @SpanbergerForVA signed HB 798 into law last night. The law updates the state’s unclaimed property statute to cover digital assets and ensures they are escheated in-kind.

Kripto piyasaları, bu gelişmenin ardından yakından takip ediliyor. Yatırımcılar, söz konusu haberin fiyatlar üzerindeki olası etkilerini değerlendiriyor.