Crypto or Cash? California’s New Law Draws the Line

October 21, 2025

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How California’s SB 822 will impact digital assets

California’s Senate Bill 822 (SB 822), signed into law by Governor Gavin Newsom in October 2025, makes California the first US state to protect unclaimed crypto assets from forced liquidation.

Treating digital assets similarly to bank accounts and securities, SB 822 requires unclaimed cryptocurrencies to be transferred in their native form rather than immediately liquidated. This helps prevent forced liquidation of assets like Bitcoin (BTC) or Ether (ETH), which could otherwise trigger taxable…

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Cointelegraph

Crypto or Cash? California’s New Law Draws the Line

October 21, 2025

, Published By Cointelegraph

Blockchain

How California’s SB 822 will impact digital assets

California’s Senate Bill 822 (SB 822), signed into law by Governor Gavin Newsom in October 2025, makes California the first US state to protect unclaimed crypto assets from forced liquidation.

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