Committee pauses digital-assets unclaimed-property bill to align definitions with code
The committee took House Bill 798 "by for the day" after counsel and senators asked the treasurer and sponsors to align the bill's digital-asset definitions with existing code sections and the Uniform Fiduciary Access to Digital Assets Act.
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Delegate Hayes presented House Bill 798 to create authority for the Commonwealth to accept and hold digital assets as unclaimed property, including the use of a Commonwealth-controlled "digital wallet" to secure assets pending owner identification.
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