Kansas introduces bill to establish Bitcoin and digital assets reserve fund

Kansas Senator Craig Bowser introduced Senate Bill 352 on January 21, 2026, aiming to modernize the state's unclaimed property law to incorporate digital assets. The bill proposes establishing a "Bitcoin and Digital Assets Reserve Fund," managed by the state treasurer, funded by staking rewards, airdrops, and interest generated from unclaimed digital assets held by the state.

Under SB352, digital assets become unclaimed property after three years of inactivity, requiring custodians to transfer them to the state or a qualified custodian in their native form. The state can stake eligible assets, retaining the owner's right to reclaim the original asset. If assets remain unclaimed for an additional three years, all associated rewards and interest flow into the reserve fund, with 10% of non-Bitcoin deposits credited to the general fund, pending legislative approval for spending.

This legislation follows previous Kansas crypto initiatives and aligns with similar efforts in states like Wyoming and Texas, as well as federal proposals such as the BITCOIN Act.

(Source：Crypto Briefing)