The Wednesday version retains the Keep Your Coins Act and adds language shielding legally self-custodied digital assets from abandonment or state escheat claims based on inactivity alone.
The final text of the CLARITY Act released on Wednesday broadens protections for self-custody (holding assets in a personal wallet rather than with an intermediary), while preserving the Keep Your Coins Act’s safeguard for individuals to hold and transact their own digital assets. It also adds language stating that legally self-custodied assets cannot be treated as abandoned, unclaimed, subject to forfeiture, or transferable to state custody solely because they are inactive or dormant, Bitcoin News said in a post on X.