New Kansas Bill Turns Unclaimed Assets Into a Crypto Fund

Crypto News Regulation

Written by Aaron S.,

Editor-In-Chief

Last Updated: January 23, 2026

Key Takeaways

Kansas lawmakers are reviewing Senate Bill 352, which would create a state-run Bitcoin and digital assets reserve;
The reserve would use unclaimed digital property like crypto, staking rewards, and airdrops, not new purchases;
The bill also adds legal definitions for “digital assets” and “airdrops” under Kansas’ unclaimed property laws.

Stop overpaying - start transferring money with Ogvio. Sign up, invite friends & grab Rewards now! 🎁

New Kansas Bill Turns Unclaimed Assets Into a Crypto Fund

BITDEGREE IN YOUR SOCIAL FEED

A new proposal in Kansas aims to establish a government-held reserve of Bitcoin BTC $88,860.79 and other digital assets, but without the state purchasing any cryptocurrency.

Instead, the plan would rely on unclaimed digital property already under state control.

The proposal, known as Senate Bill 352, was introduced by Senator Craig Bowser. It outlines the creation of a “Bitcoin and digital assets reserve fund” within the state treasury, managed by the state treasurer.

What is Staking Crypto? (Rewards & Risks Explained SIMPLY)

Did you know?

Want to get smarter & wealthier with crypto?

Subscribe - We publish new crypto explainer videos every week!

The bill has been moved to the Committee on Financial Institutions and Insurance for further discussion.

The reserve would be built from abandoned or unclaimed digital property collected under Kansas’ existing unclaimed property law. These assets could include cryptocurrencies, staking rewards, airdrops, and any interest earned while in state custody.

The bill also allows for the inclusion of other “digital-only assets", which extends the scope beyond just Bitcoin.

According to the draft, 10% of every digital asset deposit must be transferred to the general fund, though the Bitcoin itself would remain separate and not be used for general expenditures.

SB 352 also updates definitions within Kansas’ unclaimed property laws. It introduces legal recognition for terms such as “digital assets” and “airdrops", and provides guidance on how the state should handle these assets once they are considered abandoned.

Recently, Vietnam has started accepting applications for regulated digital asset exchange licenses under a new pilot program. What does the program cover? Read the full story.