Indiana prepares to put bitcoin (BTC) in its public retirement plans

Indiana prepares to put bitcoin (BTC) in its public retirement plans

Indiana passes HB 1042 enabling public retirement funds to invest in bitcoin and ETFs, and separately bans crypto ATMs over fraud risks.

Indiana Lawmakers Pass HB1042 To Protect Digital Asset Rights

The Indiana House of Representatives has approved HB1042, a digital asset legislation upholding digital asset rights, preventing predatory crypto taxation, and including digital assets in the state’s retirement portfolios. The legislation has now moved to the governor’s desk and is awaiting potential approval.  Retirement Access and Regulatory Clarity HB1042 first defined cryptocurrency as a virtual currency that is not centrally issued, that is…

Indiana lawmakers pass crypto rights bill

Indiana lawmakers have approved a cryptocurrency rights measure that would restrict how state authorities tax and regulate digital assets. The bill would also open new investment pathways for public retirement savers. House Bill 1042, titled the Regulation and Investment of Cryptocurrency, passed the legislature on Wednesday with 59 votes in favour and 33 against, according to Legiscan. The bill now heads to Governor Mike Braun for his signature…

Indiana lawmakers pass crypto rights bill banning discriminatory taxes

Indiana’s HB 1042 cleared both chambers and heads to Governor Mike Braun, limiting crypto-specific taxes and opening the door to crypto options for …

Indiana Bitcoin Rights Bill Awaits Governor Approval

The initiative also strengthens safeguards for bodies to hold and trade in cryptocurrencies without undue restriction, indicating a pro-innovation stance from state policymakers. Governor Braun has yet to publicise whether he will sign the bill, but if enacted, Indiana would place itself as one of the more crypto-forward states.  Indiana policymakers have moved with House Bill 1042, commonly known as the Bitcoin Rights Bill, which has cleared bo…