Indiana Makes History as First U.S. State to Legalize Crypto in State Retirement Plans - U.Today

BTC-3,67%
XRP-3,04%
ADA-3,26%
  • Mandatory crypto options
  • Banning crypto ATMs Indiana has become the first state in the United States to authorize the inclusion of Bitcoin and other cryptocurrencies into state-managed retirement and savings plans

Governor Mike Braun signed the landmark legislation, known as House Bill 1042, into law.

The enrolled House Bill, which is titled “Regulation and investment of cryptocurrency,” was authored by Representative Kyle Pierce

HOT Stories

Indiana Makes History as First U.S. State to Legalize Crypto in State Retirement Plans

XRP Breaks Out: $1.92 Emerges as Technical Target, Bitcoin Recovers to $71,000 Fueled by Quarter Billion in Short Liquidations, Cardano Sees Massive 230 Million ADA Whale Redistribution: Morning Crypto Report

Mandatory crypto options

Under the new law, state-managed retirement and savings plans are required to provide at least one cryptocurrency investment option

This access will be provided through a self-directed brokerage account offered as a regular investment program.

According to the bill’s digest, the mandate applies to several specific state programs.

The self-directed brokerage accounts established under this bill will offer more than just basic purchasing power

Users will be permitted to operate nodes and engage in peer-to-peer transactions.

The plans can also include cryptocurrency exchange-traded funds (ETFs). Stablecoin-related funds are currently excluded from the approved investment vehicles due to insufficient regulatory clarity

The bill prohibits public agencies, counties, municipalities, and townships from adopting any rules that prohibit an individual’s ability to use cryptocurrency.

Pension providers across the state will not have to implement the changes overnight. The law provides a grace period, giving providers until July 1, 2027, to fully integrate the necessary digital asset provisions

Banning crypto ATMs

Indiana is embracing institutional crypto, but it is taking a hardline stance against retail crypto kiosks

In late February 2026, the Indiana legislature passed House Bill 1116, which bans the operation of virtual currency kiosks across the state.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

The Washington Post: Russia provides Iran with U.S. military positioning information, indirectly intervening in the Middle East conflict

Gate News Report, March 6 — The Washington Post reported that, according to three intelligence officials familiar with the matter, Russia is providing Iran with location information to target U.S. forces in the Middle East. This is the first indication that another major U.S. adversary is involved in the Middle East conflict, even if only indirectly.

GateNews25m ago

The Trump administration is not currently considering involving the Treasury Department in oil futures trading.

Gate News Report, on March 6,, sources familiar with the matter revealed that the Trump administration is currently not considering involving the U.S. Department of the Treasury in oil futures (crude oil and other energy commodities derivatives) trading. It is reported that government officials had previously discussed involving the Treasury in energy futures trading, but ultimately concluded that the Treasury's ability to exert a substantial impact on the market is limited.

GateNews1h ago

Oil prices have risen nearly 20% this week, and Asian stock markets are set to record their largest weekly decline in six years.

Oil prices slightly retreat, providing some relief to global stock markets, but the Middle East conflict shows no signs of easing, with Asian stock markets experiencing their largest weekly decline in six years. The US may intervene in the futures market, and oil prices are still up nearly 20%. The market lacks sufficient information to assess extreme scenarios.

GateNews1h ago

The Central Bank of Russia proposes allowing banks and brokerage firms to obtain cryptocurrency trading licenses

Russia plans to legislate cryptocurrency trading regulation, with the central bank governor proposing to allow qualified banks and brokerage firms to obtain trading licenses, establish compliance systems, monitor fund flows, and control risks. This new regulation aims to be implemented by July 2026 to promote the legalization of digital assets.

GateNews2h ago

Trump: Hopes for the complete overthrow of the Iranian leadership system

Gate News Report, March 6 — According to NBC News, Trump stated that he hopes the Iranian leadership system is completely overthrown and that he wants to ensure that the potential leaders he listed survive in the war.

GateNews2h ago

Chainalysis: 700% surge in cryptocurrency-based sanctions evasion behaviors by 2025

Chainalysis report shows that in 2025, crypto-related illegal activities linked to sanctions increased significantly, with sanctioned entities receiving $104 billion in cryptocurrency, driving the total illegal on-chain transaction volume for the year to $154 billion. Sanctioned countries such as Russia, Iran, and North Korea are using cryptocurrencies to evade financial sanctions, with stablecoins accounting for as much as 84% of illegal transactions.

GateNews2h ago
Comment
0/400
No comments