Indiana Crypto Bill of Rights Passes Both Houses, Awaits Governor’s Signature
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Indiana's House Bill 1042 has passed both the House and Senate, awaiting the governor's signature. The law mandates public agencies to allow crypto payments and requires state retirement plans to offer crypto options, effective July 1, 2026.
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- HB 1042 has cleared both the House and Senate with final approval.
- If signed by the governor, the law will take effect on July 1, 2026, statewide.
- Public agencies, except the Department of Financial Institutions, cannot restrict crypto payments.
Indiana’s House and Senate have passed House Bill 1042, titled the “Cryptocurrency Regulation and Investment Act.” The bill now awaits action from Governor Mike Braun.
The House concurred with Senate amendments on Wednesday, giving the bill bicameral approval. If signed, the law will take effect on July 1, 2026.
The bill was introduced by Rep. Kyle Pierce and centers on two areas, i.e., retirement plan access and individual crypto rights.
Retirement Plans Must Offer Crypto Option
HB 1042 requires certain state-administered retirement and savings plans to provide a self-directed brokerage account that includes…
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