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Indiana introduces bill to open crypto exposure to public pension funds

Crypto Briefing
Indiana lawmakers introduced a bill allowing public pension plans to offer or voluntarily invest in crypto ETFs.

Summary

Indiana lawmakers have introduced bill HB1042, which would permit many of the state's public retirement and savings plans to offer cryptocurrency exchange-traded funds (ETFs) to participants, while allowing others to invest voluntarily. The legislation also seeks to establish a Blockchain and Digital Assets Task Force to study government and consumer applications and suggest pilot projects. Furthermore, the bill aims to protect the use of legal digital assets, including mining and self-custody, and designates private keys as privileged information. This move aligns with a growing trend of states exploring digital assets, even as federal officials currently show no plans for federal Bitcoin acquisition.

(Source:Crypto Briefing)