The California Assembly has unanimously passed bill AB-1052, allowing the state to confiscate cryptocurrencies deemed idle for three years. The legislation, approved with a 78-0 vote, targets digital assets where holders have not demonstrated ownership through trading or account access. Supporters assure that confiscated assets will remain in their original form with custodians, allowing owners to reclaim them without forced liquidation. This move aligns cryptocurrencies with existing unclaimed property laws for traditional assets. The bill now awaits further review by the California Senate.