Technology (Emerging Technology)

SB 310 establishes a $200 annual limit on cryptocurrency contributions to Kansas candidates per election cycle. It requires all digital currency donations to be processed through U.S.-based payment systems that verify donor identities and report personal details (name, address, occupation) within 24 hours. The bill mandates that cryptocurrency contributions must be converted to U.S. dollars within three business days and deposited into campaign accounts, prohibiting campaigns from holding digital currency as assets. This applies to all candidates and committees receiving digital currency donations under Kansas election law.