Kansas Bill Proposes Bitcoin Reserve Fund Using Unclaimed Digital Assets

Kansas lawmakers are reviewing a bill that would create a state-managed Bitcoin and digital assets reserve without using taxpayer money.
 

How the Reserve Would Be Funded

Senate Bill 352 (SB 352) proposes funding the reserve using unclaimed digital assets already held by the state.

This includes abandoned cryptocurrency, airdrops, staking rewards, and interest earned on those assets. The bill does not allow Kansas to buy Bitcoin directly.
 

How the Funds Would Be Used

Under the proposal:

• 10% of each deposit would go to Kansas’ general fund

• Bitcoin would remain locked in the reserve and could not be spent

• Other digital assets would stay in the reserve for long-term management

Worth reading: The State By State Guide to Unclaimed Assets
 

Changes to Unclaimed Property Rules

The bill updates Kansas law by defining digital assets and explaining how the state must custody and manage abandoned cryptocurrency.
 

What Happens Next

SB 352 has moved past an initial review and is now being considered by the Senate Committee on Financial Institutions and Insurance.

If approved, Kansas would join other states exploring crypto reserves funded through unclaimed assets.

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