The California House of Representatives has passed the AB-1052 bill, which intends to stipulate that cryptocurrency assets that have not been operated for three years can be placed under state custody According to Decrypt, the California House of Representatives passed the AB-1052 bill with 78 votes in favor and 0 votes against, proposing to treat cryptocurrency assets without operational records within three years as ownerless property and entrust them to the state government. The bill specifies that assets will not be liquidated and will still be kept in encrypted form by a third party, and users can apply for them at any time. Supporters argue that this mechanism is similar to traditional unclaimed property regulations and aims to protect the security of user assets; Critics are concerned that it violates the privacy and autonomous custody spirit of Bitcoin. The draft bill will now be submitted to the California Senate and may undergo further revisions.