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CLARITY Act Final Text Retains Keep Your Coins Act, Expanding Self-Custody Protections
2026-07-24 22:46:51
Final CLARITY Act text preserves Keep Your Coins Act provisions, ensuring self-custodied assets remain protected from state escheatment regardless of inactivity status.
Woofun AI reports that the final version of the CLARITY Act, released on Wednesday, incorporates the Keep Your Coins Act to safeguard individual rights over digital assets. The legislation explicitly states that lawfully self-custodied assets cannot be classified as abandoned, unclaimed, forfeitable, or subject to state escheatment merely due to inactivity or dormancy.
WOOFUN AI
Impact Assessment · Quick Read
By codifying protections against state escheatment for dormant self-custodied assets, the CLARITY Act reduces regulatory uncertainty for holders. This legislative clarity may strengthen confidence in self-custody solutions and reduce reliance on centralized intermediaries for long-term storage.
Generated by WOOFUN AI · For reference only, not investment advice
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