Indiana Crypto Bill of Rights Passes Both Houses, Awaits Governor's Signature

Odaily News: The Indiana House of Representatives and Senate have passed the "Cryptocurrency Regulation and Investment Act" (HB 1042), and the bill has now been submitted to the governor for signature.

The bill requires certain state-managed retirement and savings plans to offer self-directed brokerage accounts that include at least one cryptocurrency investment option. This applies to plans including the Legislators' Defined Contribution Retirement Plan, the Hoosier START College Savings Plan, and plans related to the Public Employees' and Teachers' Retirement Funds.

Furthermore, the bill stipulates that, apart from the Department of Financial Institutions, other public agencies shall not restrict individuals from accepting cryptocurrency payments or holding assets in self-custodied or hardware wallets. It also prohibits imposing special taxes on cryptocurrency activities that differ from those applied to other financial transactions.

If signed by the governor, the relevant provisions will take effect on July 1, 2026. (The Block)