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Maine state treasurer to focus on abandoned crypto accounts

The Office of the Maine State Treasurer issued a program evaluation report in November with the intention to prioritize the management of abandoned cryptocurrency accounts.  Unclaimed cryptocurrencies continue to be a well-known issue in the industry, especially in the Ethereum ecosystem, where millions are believed to lay in unclaimed presale wallets. Cryptocurrency

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Maine state treasurer to focus on handling abandoned cryptocurrency accounts

A report issued by the Office of the Maine State Treasurer highlighted the U.S. state’s interest in officially managing the abandoned and recovered crypto assets.The program evaluation report of Maine uncovered the state’s lack of preparedness when it comes to handling cryptocurrencies. It read:“Our office does not currently handle cryptocurrency,

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Australian ‘token mapping’ consultation paper to release in early 2023: Treasurer

Australian Treasurer Jim Chalmers has revealed that the government will release a consultation paper in early 2023 as part of its token mapping initiative. The crypto sector has received greater attention from Australian regulatory and enforcement agencies since the FTX implosion, with the government emphasizing the importance of providing greater

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Aussie treasurer promises crypto regulation next year amid FTX debacle

The Australian government has doubled down on its commitment towards a robust regulatory framework for crypto following the catastrophic collapse of FTX last week.A spokesperson for Australian Treasurer Jim Chalmers said the Treasury said it is now planning on regulations to improve investor protection next year, according to a Nov.

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