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Kansas Senator Introduces Bill to Create Strategic Bitcoin and Digital Assets Reserve

Proposal would create a state reserve for unclaimed crypto and allow KPERS up to 10% exposure to Bitcoin ETFs [2][3].

Jan 22, 20269:53 PMNewsroom AI

Kansas lawmakers have introduced legislation to establish a “Bitcoin and Digital Assets Reserve Fund” to collect unclaimed digital assets and income derived from them, including airdrops and staking rewards, with the assets held under the state treasury, according to initial reporting on the bill filing [1][3].

Senator Craig Bowser filed the proposal as Bill 352; the bill would permit the Kansas Public Employees Retirement System (KPERS) to allocate up to 10% of its assets into Bitcoin exchange-traded funds, and the measure’s text indicates KPERS would not be obligated to sell any Bitcoin ETF holdings it acquires [2].

Observers note the proposal positions Kansas among U.S. states exploring a formal role for Bitcoin and other digital assets in public finance, following similar initiatives elsewhere [1][4].

The bill has been filed in the Kansas Senate; further legislative action and implementation details remain to be determined and were not reported in the initial coverage [1][2][3].

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