Nairobi, Nov. 12 -- Unclaimed cryptocurrencies and stablecoins will be surrendered to the State if a proposal by the Treasury to seize idle digital assets is adopted.

This will see the digital currencies join the list of assets, including shares, bank accounts, safe deposits, and bankers' cheques, that can be seized and controlled by the Unclaimed Financial Assets Authority (UFAA), a State agency.

Published by HT Digital Content Services with permission from Business Daily....