Virginia Enacts Crypto Unclaimed Property Law Requiring In-Kind Transfer to State – Bitcoin News

Key Takeaways: Virginia Gov. Abigail Spanberger signed HB 798 on April 13, 2026, requiring exchanges to switch dormant crypto to the state in-kind after 5 years. Coinbase CLO Paul Grewal referred to as the legislation excellent news, because it prevents quick pressured liquidation of unclaimed digital belongings. The legislation takes impact July 1, 2026, giving crypto custodians roughly 2.5 months to organize operational compliance adjustments. Self-custody via non-custodial wallets stays the one approach...

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