• 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

Linq's Strategic Pivot to AI Messaging Infrastructure Enhances User Experience

chest

Linq has pivoted to become an infrastructure provider for AI assistants in messaging apps, responding to market demand.

user avatarAndrew Smith

Epstein's Alleged Role in Bitcoin Development Sparks Controversy

chest

Recent interpretations of Jeffrey Epstein's correspondence suggest he had significant influence over Bitcoin's development, despite the decentralized nature of the cryptocurrency.

user avatarArif Mukhtar

Cboe's Binary Options Could Transform Prediction Market Landscape

chest

Cboe's entry into the binary options market may legitimize prediction-style trading and influence regulatory discussions.

user avatarLeo van der Veen

Cboe's Proposed Binary Options to be Regulated by SEC and CFTC

chest

Cboe Global Markets has proposed binary options to be regulated by the SEC and CFTC, ensuring compliance and investor protection.

user avatarMaya Lundqvist

US Crypto Media Traffic Declines in Q4 2025

chest

US cryptonative media experienced a significant drop in traffic during Q4 2025, with visits down by 28.24% to 10.618 million, affecting 71.95% of outlets.

user avatarTenzin Dorje

Cboe Global Markets Considers Relaunch of Binary Options for Retail Investors

chest

Cboe Global Markets is exploring the relaunch of binary options for retail investors, aiming to meet the demand for simplified trading instruments.

user avatarLi Weicheng

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.