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Maine Treasurer Report: Abandoned Crypto Issue Growing

The Office of the Maine State Treasurer issued a report evaluating the state’s ability to manage and recover abandoned crypto assets. So reports Cointelegraph.

The report suggested Maine set up a program similar to the state’s Unclaimed Property fund, which holds more than $328 million in assets, in order to address dormant crypto accounts. The report also addressed the state’s potential role in automated clearing house payments and other “emerging issues.”

Read the full article from Cointelegraph.

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