Kansas Proposes Bitcoin and Crypto Reserve Fund
- Kansas introduces a bill for a Bitcoin reserve fund.
- Unclaimed digital assets to fund the reserve.
- Bitcoin serves as the primary reserve asset.
Kansas introduced Senate Bill 352 on January 21, 2026, aiming to establish a Bitcoin and Digital Assets Reserve Fund using unclaimed digital assets from custodial holdings over three years.
The initiative aligns with state and federal crypto reserve strategies, focusing on staking rewards rather than purchases, potentially influencing market dynamics and digital asset management practices.
Kansas lawmakers have introduced a bill aiming to establish a Bitcoin and crypto reserve fund. The fund will be fueled by unclaimed digital assets not purchased directly, focusing on long-term holdings including Bitcoin.
The bill, SB352, was introduced by State Senator Craig Bowser. It proposes a Bitcoin and digital assets reserve, managed by the state treasurer. The reserve relies on custodians’ unclaimed assets after three years of inactivity.
“We believe that managing unclaimed digital assets responsibly will bolster the state’s financial stability.” – Craig Bowser, State Senator
The introduction of this bill is expected to impact financial strategies across the state, particularly in honing crypto asset use for institutional objectives. Bitcoin is highlighted as a core reserve asset.
The bill articulates the financial implications of channeling unclaimed crypto assets into a state reserve. A percentage of non-Bitcoin assets might redirect to the general fund, pending legislative approval, creating potential budgetary effects.
No official comments have surfaced from involved stakeholders. However, expectations for broader economic impacts are high following similar precedents in other states.
This initiative aligns with other state-level crypto efforts and federal initiatives. The focus on unclaimed assets without direct purchases reflects established practices elsewhere. Kansas follows examples set by Wyoming and Texas in digital finance lawmaking.
