Indiana Bitcoin Rights Bill approved by both chambers, awaiting final signature from the governor

CycleProphet · 2026-02-26T05:56:17+00:00

The Indiana legislature has passed a cryptocurrency bill allowing retirement and savings plans to offer self-directed brokerage accounts for investing in cryptocurrencies. The bill also restricts public institutions from banning digital assets and prohibits state governments from levying special taxes. If signed by the governor, it will take effect in 2026.

CycleProphet

2026-02-26 05:56:17

Abstract generation in progress

Deep Tide TechFlow News, February 26 — According to The Block, Indiana’s legislature has advanced a cryptocurrency bill that has been approved by both chambers and is now awaiting the governor’s final signature. House Bill 1042 (HB 1042), introduced by Representative Kyle Pierce, requires certain state-managed retirement and savings plans to offer autonomous brokerage accounts that include at least one cryptocurrency investment option. The bill also prohibits public institutions (excluding financial institutions) from restricting individuals’ use of digital assets, including banning the refusal to accept cryptocurrencies as legal tender for goods and services or restricting personal use of self-custodied or hardware wallets. Additionally, the bill prohibits the state government from imposing special taxes on cryptocurrency activities. If signed by Governor Mike Braun, the bill will take effect on July 1, 2026.

BTC-2,77%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

2 Likes