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TechFlow news, on January 23, according to Bitcoin Magazine, Kansas State Senator Bowser introduced Senate Bill No. 34, proposing to allow the Kansas Public Employees Retirement System (KPERS) to invest up to 10% of its pension funds in bitcoin exchange-traded products. The bill would amend K.S.A. 74-4921 of 2024 and establish specific requirements, limitations, and definitions for such investments.
According to Bitcoin Magazine, Kansas State Senator Bowser introduced Senate Bill 34, proposing to allow the Kansas Public Employees Retirement System (KPERS) to invest up to 10% of its pension funds in bitcoin exchange-traded products. The bill would amend K.S.A. 74-4921 of 2024 and establish specific requirements, limitations, and definitions for such investments.
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