Maine's Crypto Dormancy Rule Takes Effect Amid Reporting Manual Confusion

Maine's new virtual-currency unclaimed-property rules take effect July 29 with a five-year dormancy clock. However, the State Treasurer's current reporting manual still shows three years as the dormancy period.

The mismatch leaves businesses that hold customer crypto without published transition instructions as the statute becomes effective.

Public Law Chapter 675 creates section 2067-A of Maine's Revised Unclaimed Property Act. The Legislature identifies July 29 as the general effective date for nonemergency laws passed during its 2026 Second Regular Session.

The new section presumes virtual currency abandoned five years after an apparent owner's last indication of interest. If a holder sends first-class mail during its regular course of business, the five-year period instead runs from the date that communication is returned as undeliverable.