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Texas Passes SB1498 Bill, Authorizing Seizure of Crime-Related Bitcoin and Digital Assets

Summary: According to reports from Cointelegraph, Texas has officially signed the SB1498 bill into law, allowing the state to seize Bitcoin and digital assets related to specific crimes. The seized assets will be placed into a forfeiture fund.

According to reports from Cointelegraph, Texas has officially signed the SB1498 bill into law, allowing the state to seize Bitcoin and digital assets related to specific crimes. The seized assets will be placed into a forfeiture fund.

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Link: Texas Passes SB1498 Bill, Authorizing Seizure of Crime-Related Bitcoin and Digital Assets [Copy]

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