KS SB352

Creates the bitcoin and digital assets reserve fund in the state treasury, administered by the state treasurer, funded by airdrops and staking rewards from abandoned digital assets held for three or more years

Requires 10% of each digital asset deposit into the reserve fund to be credited to the state general fund, with the exception that bitcoin cannot be deposited into the general fund

Establishes a three-year abandonment period for digital assets after written or electronic communications are returned as undeliverable, with abandonment halted by any owner activity such as transactions, account access, or communication with the holder

Mandates abandoned digital assets be delivered in native form within 30 days to the state administrator or a designated qualified custodian (licensed company, bank, trust company, or special purpose depository institution)

Requires digital assets listed on established exchanges to be sold at prevailing market prices, prohibiting sales below the listed exchange price at time of sale