Maine’s new unclaimed cryptocurrency property rules take effect July 29 with a five-year dormancy period, but the State Treasurer’s current holder reporting manual still lists three years, creating a mismatch for businesses holding customer crypto. The law requires assets presumed abandoned to be reported and transferred within 30 days before filing, with a one-year sale hold for native crypto transferred to state custody. No published transition instructions are available to guide businesses on the first reporting cycle or the shift from the current three-year VC02 entry.
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