Indiana lawmaker proposes Bitcoin in pension funds and protections for cryptocurrency payments

Source: PortaldoBitcoin Original Title: Indiana Legislator Proposes Bitcoin in Pension Funds and Protections for Cryptocurrency Payments Original Link: https://portaldobitcoin.uol.com.br/legislador-de-indiana-propoe-bitcoin-em-fundos-de-pensao-e-protecoes-para-pagamentos-com-criptomoedas/ A legislator in Indiana introduced on Thursday (4) a bill that would expand access to digital asset exposure for savers in the Midwestern state, as well as prevent local governments from establishing rules that could limit the use of cryptocurrencies.

The initiative, proposed by Representative Kyle Pierce (Republican), would require retirement and savings programs used by public employees to offer exchange-traded funds that provide exposure to cryptocurrencies as investment options, according to the description of the “House Bill 2014”.

Additionally, the legislation would restrict the ability of local governments to adopt rules that “overly” limit the use of digital assets in payments, cryptocurrency mining, or the ability of individuals to safeguard their own digital assets.

The bill was introduced to the Indiana House Financial Institutions Committee. Amid discussions about district redistribution, the 2026 Indiana Legislative Session began on Monday instead of January.

Pierce, elected to the Indiana General Assembly in 2022, stated in a release that the state “must be ready to act smartly and responsibly,” and that his bill “gives Indiana residents more investment options while establishing protections.”

The version of the bill introduced on Thursday includes a clause requiring the state to assess how cryptocurrencies could be used by the government, leaving room for pilot programs.

While the legislation prevents local governments from banning cryptocurrency miners from areas zoned for industrial use, it would also protect the “private mining of digital assets in a private residence located in an area zoned for residential use.”

The initiative is distinct from bills in other states that allow governments to make digital asset allocations on their own behalf, such as a bill passed in New Hampshire. Other crypto-related bills have sought to tax transactions to fund public health measures.

This year, state legislators have proposed several bills echoing elements of a strategic Bitcoin reserve that U.S. President Donald Trump established in March. In addition to New Hampshire, Texas and Arizona were among the few states to adopt the measures.