Indiana Crypto Rights Bill Passes Both Houses, Awaiting Governor's Signature to Take Effect

SmartContractAuditor · 2026-02-26T05:56:15+00:00

Indiana has passed the Cryptocurrency Regulation and Investment Act, requiring certain retirement and savings plans to offer cryptocurrency investment options, while also prohibiting public agencies from restricting cryptocurrency payments and banning special taxes. The bill awaits the governor's signature, and the relevant provisions are expected to take effect in 2026.

SmartContractAuditor

2026-02-26 05:56:15

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Odaily Planet Daily reports that the Indiana House and Senate have passed the “Cryptocurrency Regulation and Investment Act” (HB 1042), which has now been submitted to the governor for signature.

The bill requires certain state-managed retirement and savings plans to offer autonomous brokerage accounts with at least one cryptocurrency investment option. This applies to legislator-contributed retirement plans, the Hoosier START college savings plan, and public employee and teacher retirement funds.

Additionally, the bill stipulates that, except for financial institutions, other public agencies cannot restrict individuals from accepting cryptocurrency payments, holding self-custody or hardware wallet assets; it also prohibits special taxes on crypto activities that differ from other financial transactions.

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

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