• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Kansas May Begin Investing Pension Funds in Bitcoin

user avatar

by Giorgi Kostiuk

a year ago

Kansas is considering investing up to 10% of pension funds in Bitcoin ETFs through a proposal by Senator Craig Bowser.

Senator Bowser’s Proposal

Senator Craig Bowser introduced Senate Bill 34, which allows the Kansas Public Employees Retirement System to invest part of the retirement fund in Bitcoin ETFs. The bill proposes the establishment of a board of trustees to manage these investments.

Annual Review and Program Sustainability

The program includes the potential to increase the percentage of Bitcoin ETFs beyond 10%, keeping beneficiaries' interests in mind. An annual review of the investments will be conducted to assess sustainability and potential growth.

Legislative Steps Ahead

The bill, introduced on January 16, is with the Committee on Financial Institutions and Insurance. To become law, it has to pass several stages in both the Kansas Senate and House before being signed or rejected by the governor.

If the proposed bill is passed, it would be a significant step for Kansas and could set a precedent for other US states.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

EdgeX Surpasses Hyperliquid in Volume Rankings

chest

EdgeX has secured the second position in trading activities, surpassing Hyperliquid amidst a competitive market.

user avatarLeo van der Veen

US M2 Money Supply Reaches Record High Amidst Expanding Liquidity

chest

The US M2 money supply has reached a record high of 223 trillion, marking its 21st consecutive month of expansion.

user avatarAisha Farooq

Speculation Surrounds MicroStrategy's Potential Removal from Nasdaq

chest

Speculation has arisen regarding the potential removal of MicroStrategy from the Nasdaq100 index, with concerns about passive fund outflows of around $16 billion.

user avatarLi Weicheng

Aave CEO Stani Kulechov Responds to Token Purchase Allegations

chest

Stani Kulechov, CEO of Aave Labs, denies allegations of purchasing 15 million AAVE tokens to influence a community vote, emphasizing his commitment to the project and the need for clearer communication with token holders.

user avatarTenzin Dorje

Syntax Verse Daily Quiz Answers Released for December 27, 2025

chest

The answers for the Syntax Verse Daily Quiz on December 27, 2025, have been published, providing users with the opportunity to claim rewards.

user avatarBayarjavkhlan Ganbaatar

Cybersecurity Flaw in Trust Wallet Update Leads to User Data Theft

chest

A cybersecurity researcher discovered that a malicious code in Trust Wallet's latest update sent user wallet data to a phishing site.

user avatarMohamed Farouk

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.