Kansas Senator Proposes Bill to Invest Public Employee Retirement Funds in Bitcoin ETFs
Kansas State Senator Craig Bowser has proposed a bill that would allow up to 10% of public employee retirement funds to be invested in Bitcoin-backed ETFs. The bill would establish a board of trustees to oversee the investment program and provide an annual examination of its performance. If approved, the bill would mark a significant shift in Kansas lawmakers' stance on cryptocurrency investments. However, the proposal must navigate the legislative process before becoming law.
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