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Pay Taxes in Bitcoin? California’s Bold Crypto Bill Explained

Summary by CryptoPanic
A new California bill lets the state seize inactive exchange wallets and launches a pilot to pay taxes in crypto — will your coins be next?
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

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Pay Taxes in Bitcoin? California’s Bold Crypto Bill Explained

A new California bill lets the state seize inactive exchange wallets and launches a pilot to pay taxes in crypto — will your coins be next?

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CryptoPanic broke the news in on Thursday, June 5, 2025.
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