Indiana Crypto Rights Bill Heads for Governor's Signature

Indiana lawmakers have sent House Bill 1042 (HB1042) to Governor Mike Braun, aiming to expand legal protections for cryptocurrency users and integrate digital assets into state retirement plans. The bill, passed with a 59-33 vote, seeks to safeguard the rights of Bitcoin (BTC) and other cryptocurrency investors, prevent discriminatory taxation, and enable digital asset holdings within state retirement plans. If signed, most provisions will take effect on July 1st, with the retirement plan requirement following later. Indiana is joining a growing number of states, including Oklahoma and Kentucky, in enacting crypto investor protection bills, but uniquely, it's the first to mandate self-directed brokerage accounts for crypto retirement options. The bill also restricts state agencies from imposing regulations that hinder lawful crypto payments, self-custody, or mining.

(Source：Cointelegraph)