Kansas state lawmakers propose a state-run Bitcoin and digital assets reserve fund
The post Kansas state lawmakers propose a state-run Bitcoin and digital assets reserve fund appeared on BitcoinEthereumNews.com.
Kansas state lawmakers have proposed a state-run BTC and digital asset reserve fund that will primarily hold cryptocurrencies transferred to the state government under unclaimed property laws. The filing follows a trend in the U.S. of states integrating crypto into their financial strategies. Craig Bowser, Kansas state Senator, introduced SB-352 to the state Senate floor on Thursday, Jan. 22, to create a state fund using crypto that ends up in state hands through unclaimed property rules. The proposal highlights the increasing acceptance of cryptocurrency by institutions and government agencies across the U.S. since March last year, when President Donald Trump created a U.S. strategic Bitcoin reserve fund by executive order. This move aimed to seize cryptocurrency acquired from criminal or civil cases, rather than selling it at auction. Kansas to allow 10% of deposits to the reserve fund into the general fund Kansas lawmakers have previously focused largely on tax incentives to block startups and on pilot programs for digital payments within state agencies to integrate crypto into state financial strategies. The recent proposal of SB-352 signals a more ambitious effort that could operate like sovereign wealth funds, allowing the state to hold, manage, and grow crypto holdings for public benefit. Proposed bill in *Kansas* to create bitcoin & digital assets reserve fund… Kansas. Yes, I will do what I can here. pic.twitter.com/KXjGMJxpoI — Nate Geraci (@NateGeraci) January 23, 2026 The SB-352 bill allows the state treasurer to credit up to 10% of each deposited digital asset into the Bitcoin and digital asset reserve fund to the state’s general fund. The reserve fund will consist of all airdrops, staking rewards, and interest earned, as prescribed in K.S.A. 58-3952(f) and amendments thereto. According to the proposal, all expenditures from the Bitcoin and digital assets reserve fund are bound by appropriations acts…
Filed under: News - @ January 23, 2026 8:28 am