Kansas Bitcoin Reserves and Cryptocurrency Laws

Kansas Bitcoin Reserves and Cryptocurrency Legislation

Kansas Bitcoin Reserve Overview

No Official Reserves
Friendly Regulatory Status
Proposed Bitcoin Investment for Pension Funds

Kansas Bitcoin Reserves

Kansas Legislative Breakdown

State	BTC Reserves	% of Global Holdings	Legal Status	Last Updated	Key Laws and Regulations
Kansas (KS)	No Official Reserves	0%	Friendly	2025-01-16	Kansas Money Transmitter Act (KMTA): Regulates crypto-fiat transactions; no license required for crypto-only activities SB 34 (2025): Proposed allowing Kansas Public Employees Retirement System (KPERS) to invest up to 10% in Bitcoin ETFs; bill not passed as of May 2025 No state income tax; federal capital gains tax (15–20%) applies to crypto earnings ~75,000 residents (~2.5% of population) use crypto; $1.3B in transactions (2023–2024, est.) Approximately 12 Bitcoin ATMs, primarily in Wichita and Kansas City (2024) No specific crypto-focused legislation beyond KMTA as of 2025 $1M recovered from crypto scam targeting a Kansan (2025) No legislation establishing state-held Bitcoin reserves as of 2025

Kansas Bitcoin Reserve Status

Current status: NO OFFICIAL RESERVES

Kansas has not established a state Bitcoin reserve, despite a proposed bill (SB 34) in January 2025 that would have allowed the Kansas Public Employees Retirement System (KPERS) to invest up to 10% of its portfolio in Bitcoin ETFs. The bill has not passed as of May 2025. Kansas maintains a crypto-friendly environment with no state income tax and minimal regulation for crypto-only activities, fostering flexibility for crypto businesses.

No funds have been allocated for Bitcoin reserves. Kansas prioritizes regulatory flexibility and exploring pension fund investments in Bitcoin over direct state-held cryptocurrency reserves.

1/16/2025

PROPOSED

SB 34 was introduced by Senator Craig Bowser, proposing to allow the Kansas Public Employees Retirement System to invest up to 10% of its portfolio in Bitcoin ETFs; the bill has not passed.

5/10/2025

SCAM RECOVERY

Approximately $1 million was recovered from a digital wallet suspected to belong to a scammer targeting a Kansas resident, highlighting efforts to address crypto fraud.

1/1/2014

REGULATORY GUIDANCE

The Kansas Money Transmitter Act (KMTA) guidance clarified that crypto-fiat transactions require a license, while crypto-only activities do not, providing regulatory flexibility.

Kansas Bitcoin Reserves and Cryptocurrency Legislation

Kansas Bitcoin Reserve Overview