Indiana Legislature Clears Bitcoin Rights Bill, Sends Measure to Governor

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Lawmakers in Indiana have advanced a bill designed to expand crypto investment access for certain public retirement and savings plans while safeguarding residents’ rights to use digital assets. The measure has now secured bicameral approval and awaits final sign-off from the governor.

House Bill 1042, formally titled “Regulation and investment of cryptocurrency,” moved forward after the state House voted Wednesday to concur with amendments adopted by the Senate. The vote marks the final legislative hurdle before the proposal can be enacted into law.

Introduced by Representative Kyle Pierce, the bill would require specified state-administered retirement and savings programs to provide participants with a self-directed brokerage account that includes at least one cryptocurrency investment option.

The legislation stops short of mandating direct exposure to Bitcoin but ensures that plan members have access to digital asset products within a brokerage framework.