Kansas Bill Eyes Bitcoin Reserve From Unclaimed Crypto Assets

SB 352 also amends Kansas unclaimed property statutes to define “digital assets” and “airdrops,” and to spell out how the state treats such assets when they are considered abandoned.

The bill was referred to the Committee on Financial Institutions and Insurance on Thursday after moving from the Federal and State Affairs Committee.

The new bill follows earlier Kansas proposals, such as Senate Bill 34, which would allow the Kansas Public Employees Retirement System to allocate up to 10% of its assets to spot Bitcoin exchange-traded funds (ETFs).

SB 34 was introduced in January 2025 and remains in the Senate Committee on Financial Institutions and Insurance.

Kansas and other states test Bitcoin legislation

Kansas is among a group of US states where lawmakers have introduced Bitcoin or crypto-focused bills, ranging from strategic reserve concepts to task forces and controlled allocations to digital asset products.

At the federal level, the administration of US President Donald Trump said it is moving forward with plans for a Strategic Bitcoin reserve and digital asset stockpile, funded with forfeited Bitcoin rather than new taxpayer purchases.

On Jan. 16, a senior White House official said the Bitcoin reserve remains a priority for the administration.

Outside the US, countries such as El Salvador and Bhutan have already incorporated Bitcoin into their national strategies through direct holdings, state-linked mining operations and using BTC to back longer-term development projects and special economic zones.