Odaily Planet Daily News: Texas Senate Bill SB1498 has automatically come into effect on June 20, 2025 and will be officially implemented from September 1. The bill authorizes state governments to confiscate digital assets related to specific criminal offenses, including cryptocurrencies, stablecoins, and NFTs, and include them in the civil asset confiscation system. In addition, the bill also expands the definition of "gains" to cover the appreciation of assets from acquisition to confiscation, and stipulates that all confiscated assets must be transferred to an offline secure wallet supervised by law enforcement agencies or state prosecutors.