Kansas Considers State-Run Bitcoin Reserve Fund for Abandoned Assets
Kansas lawmakers are considering a proposal to establish a state-managed reserve fund for Bitcoin and other digital assets. According to reports, the initiative focuses on placing unclaimed or abandoned digital assets under the custody of the state. The proposal outlines that staking rewards generated from these assets would be directed into the reserve fund. The development aims to leverage digital assets for potential state benefits.
Never miss a Web3 update
Join our Telegram channel to receive news in real-time, straight to your phone.