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News Explorer — Virginia Law Now Requires Holding Dormant Crypto for a Year Before Potential Sale

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Apr 15, 11:13 am
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Virginia Law Now Requires Holding Dormant Crypto for a Year Before Potential Sale

Legislation signed by Virginia Governor Abigail Spanberger updates unclaimed property rules to include digital assets, requiring dormant crypto to be held for at least one year before sale. The law aligns Virginia with other states in preventing automatic conversion of dormant crypto to cash.

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