Indiana’s bitcoin rights bill heads for final sign-off after bicameral approval
Indiana's legislature approved a bill allowing crypto investment options in state retirement plans, now awaiting the governor's signature.Summary
Indiana House Bill 1042, concerning the regulation and investment of cryptocurrency, has received bicameral approval and now awaits final sign-off from Governor Mike Braun, with provisions set to take effect on July 1, 2026. The bill mandates that specified state-administered retirement and savings plans, including the Hoosier START college savings program and certain public employee and teacher retirement funds, must offer participants a self-directed brokerage account that includes at least one cryptocurrency investment option. Furthermore, HB 1042 protects individual digital asset rights by barring most public agencies from restricting individuals from accepting crypto as payment or holding assets in self-hosted wallets. It also prevents the state from imposing special taxes on crypto activities that are not applied to other financial transactions. This legislative action aligns with broader national trends supporting the integration of digital assets into traditional finance.
(Source：The Block)