Kansas lawmakers are exploring the creation of a state bitcoin reserve funded solely by abandoned digital assets, rather than using state funds to purchase cryptocurrency. Under the plan, the state would integrate abandoned or unclaimed digital assets into a new fund, with 10% of the deposits directed towards the state’s general fund, while any unclaimed or abandoned bitcoin would remain, creating a quasi-state bitcoin strategic reserve.
Oregon Gov. Tina Kotek, the newly-appointed Chief Prosperity Officer Tim Knopp, a former Republican state senator, and a 16-member “Prosperity Council,” comprised of the state’s top business and industry leaders, recently met to discuss how the state and council can act to jump-start Oregon’s economy as the state continues to battle unemployment and slow economic growth. Members of the council represent different state regions and sectors such as labor, technology and construction, and will partner with the state’s economic development agency, Business Oregon, in their efforts.