Lawmakers in Kansas are considering a bill to create a state-managed Bitcoin reserve fund funded through unclaimed property, not direct purchases. The fund would include airdrops, staking rewards, and interest earned on abandoned digital assets, excluding Bitcoin purchases. 10% of each deposit would go to the state’s general fund.
SB 352 in Kansas defines “digital assets” and “airdrops,” amending unclaimed property statutes. The bill was referred to the Committee on Financial Institutions and Insurance. This follows a previous proposal allowing the Kansas Public Employees Retirement System to allocate up to 10% of assets to Bitcoin ETFs, still in committee.
Kansas is part of a group of states with Bitcoin legislation proposals, from strategic reserves to task forces. The US government is moving ahead with plans for a Strategic Bitcoin reserve, funded with forfeited Bitcoin. Countries like El Salvador and Bhutan have already integrated Bitcoin into national strategies through various means.

Read more at CoinTelegraph: Kansas Bill Eyes Bitcoin Reserve From Unclaimed Crypto Assets