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Kansas Bill Would Create Bitcoin Reserve Fund From Abandoned Crypto

Sen. Craig Bowser's SB 352 would establish a state Bitcoin and digital-assets reserve funded by unclaimed digital property and bar Bitcoin transfers to the general fund.

Jan 23, 20266:51 PMNewsroom AI

Kansas Senator Craig Bowser introduced Senate Bill 352 to create a state Bitcoin and Digital Assets Reserve Fund, a proposal to build a public crypto treasury without using taxpayer dollars [3][2].

Under the bill, the reserve would be funded exclusively from abandoned or unclaimed digital property already held by the state rather than new appropriations, and the proposal would prevent Bitcoin from being transferred into the state's general fund, effectively treating Bitcoin differently from other unclaimed assets [3][2][1].

SB 352 has been referred to the Kansas Senate Financial Institutions and Insurance Committee for further review; observers have compared the plan to other state-level crypto treasury frameworks, including those in Texas and New Hampshire [3][4].

The bill's next steps depend on committee consideration and subsequent legislative action in the Kansas Senate [3].

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