By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Defy.ClubDefy.Club
  • Home
  • News
  • Crypto
    • Altcoins
    • Bitcoin
    • Blockchain
    • Cardano
    • Ethereum
    • Litecoin
    • Nft
    • Solana
  • MarketCap
  • Mining
  • Market
  • Metaverse
  • Exchange
  • Regulations
  • Analysis
    • Crypto Bubbles
    • Multi Currency
    • Evaluation
Notification Show More
Defy.ClubDefy.Club
  • Home
  • News
  • Crypto
    • Altcoins
    • Bitcoin
    • Blockchain
    • Cardano
    • Ethereum
    • Litecoin
    • Nft
    • Solana
  • MarketCap
  • Mining
  • Market
  • Metaverse
  • Exchange
  • Regulations
  • Analysis
    • Crypto Bubbles
    • Multi Currency
    • Evaluation
Defy.Club > Regulations > Texas approves laws that confiscate bitcoin and cryptocurrency for criminal offences
Regulations

Texas approves laws that confiscate bitcoin and cryptocurrency for criminal offences

June 24, 2025
2 Min Read
Share
2 Min Read
Texas approves laws that confiscate bitcoin and cryptocurrency for criminal offences
SHARE

Texas, USA, represents a legal arsenal for digital crime and will implement the SB 1498 Act from September 1, 2025. This is a regulation that allows authorities to seize all Bitcoin (BTC), NFTs (inappropriate tokens), stable tokens and other digital assets related to crime.

The measure signed by Governor Greg Abbott on Monday, June 23rd; They are trying to protect the state from money laundering, fraud and drug trafficking It is done through the digital asset ecosystem.

This law approves the body of law Management of digital assets that lead to criminal conduct by investigating. The law covers a wide range of crimes and seeks to provide prosecutors with new measures to dismantle illegal operations to evacuate Bitcoin and cryptocurrency.

SB 1498 order to ensure the safety of seized assets Anything confiscated will be stored in a cold wallet immediately. Isolate the possibility of cyberattacks while resolving legal circumstances.

Once settled, this fund will be used to fund police operations. The law clearly states that these assets will not supply the Bitcoin strategic preparations that the entities have in the future, marking a clear separation of objectives.

The law tightens Texas’ regulatory framework. The leader in the US Bitcoin industry. However, by implementing clear rules for confiscation, states send a strong message to criminals. Texas is friendly to fraudulent assets, but does not tolerate use for illegal purposes.

This measure complements other initiatives that promote Bitcoin adoption at the state level. As Cryptonoticias reports, this state, representing the eighth largest economy in the world, approved the SB 21 bill, facilitated by Senator Charles Schwartner.

See also  SEC demands from real estate cryptocurrency

With such initiatives, entities will become outside the state’s treasures. Buy and sell BTC, invest With the vision that the digital asset will serve as “strategic coverage of inflation and economic volatility.” It also grants legal protection to the final Bitcoin strategic reserve.

TAGGED:Regulations
Share This Article
Facebook Copy Link
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest

Bitcoin strikes resistance as momentum decreases, why could BTC crash to $103,000?

Bitcoin has been on a recovery trend after falling below $100,000 last…

Cardano price forecast: Are ADA prices losing hope in July?

Cardano (there) It was one of several cryptocurrencies that have dropped dramatically…

GF tokens have been released. This is a digital currency that brings you daily profits

Hongkonesa GF Securities issued GF Token, a tokenized value title backed by…

onyxcoin (xcn) Price Prediction 2025–2030: Will XCN reach $0.08?

OnyxCoin (XCN) is the native cryptocurrency of the Onyx protocol, a decentralized…

800k Bitcoin per month: Long-term holders fuel unprecedented holdings

Bitcoin patient investors are making waves once again. Long-term holders who have…

Signs of a mass crisis are activated

It appears that a global, massive economic crisis is on the verge…

You Might Also Like

The senator withdraws support for the bill to regulate US stubcoin.
Regulations

The senator withdraws support for the bill to regulate US stubcoin.

By Defy
The CBDC would threaten Bolivia’s freedom, the agent warns, “it will become national control.”
Regulations

The CBDC would threaten Bolivia’s freedom, the agent warns, “it will become national control.”

By Defy
The state has approved laws prohibiting investment in Bitcoin
Regulations

The state has approved laws prohibiting investment in Bitcoin

By Defy
Tomorrow, the Stubcoin law will be voted in the US Senate.
Regulations

Tomorrow, the Stubcoin law will be voted in the US Senate.

By Defy
defy
Facebook Twitter Pinterest
Topics
  • News
  • Altcoins
  • Bitcoin
  • Blockchain
  • Cardano
  • Ethereum
  • Litecoin
Topics
  • Exchange
  • Market
  • Metaverse
  • Mining
  • Nft
  • Solana
  • Regulations
Legal Pages
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service
Editor's Choice
¿ “MicroStrategy de Ethereum”? BTCS answers Michael Saylor’s changes
Can Ethereum prices go back to $4,000? Analysts say ETH needs to keep beyond this support
Machine learning algorithm predicts Ethereum price crash to $1,500 after four months of red moon closes
Spot Ethereum ETFS Post 14-day inflow driving, lifting more than $3 billion from the start of the year

© 2025 All Rights reserved | Powered by Defy.Club

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?