Kansas lawmakers introduced a bill on Thursday, Jan. 22, that would create a state-run Bitcoin and Digital Assets Reserve Fund, using crypto that ends up in state hands through unclaimed property rules.
Senate Bill 352 was introduced by State Senator Craig Bowser. If passed, it would place the fund under the Kansas State Treasurer. Notably, the bill states: “Subject to appropriation acts, the state treasurer shall credit to the state general fund 10% of [sic] each deposit of digital assets in the bitcoin and digital assets reserve fund. The state treasurer shall not deposit bitcoin in the state general fund.”
The proposal focuses primarily on unclaimed property and would update Kansas law to cover digital assets. It also outlines how certain custodial digital assets could be deemed abandoned and transferred to the state.
Kansas’ bill is part of a broader push in the U.S. to formalize how governments handle Bitcoin and other digital assets. While some states have explored strategic Bitcoin reserves as a treasury strategy, Kansas’ bill focuses more on custody rules and unclaimed property. Bitcoin is currently the world’s largest cryptocurrency with a market capitalization of over $1.7 trillion.
Kansas joins a growing list of states looking at Bitcoin reserve-style policies. In 2025, lawmakers in Arizona, Utah, and Oklahoma advanced similar proposals tied to state treasury strategy and public funds.
Those efforts helped kick off a wider push to include Bitcoin in long-term reserve planning. In March 2025, President Donald Trump created a U.S. Strategic Bitcoin Reserve by executive order to keep Bitcoin seized in criminal and civil cases, instead of selling it at auction. Today, the U.S. holds about 198,012 BTC, worth over $17 billion.
Bitcoin reserve ideas have also shown up at the federal level, as Rep. Warren Davidson (R-Ohio) introduced the Bitcoin For America Act in November 2025. The bill would allow Americans to pay federal taxes in Bitcoin and send those funds into a Strategic Bitcoin Reserve.