Indiana Will Start Allowing Crypto in Retirement Plans and Savings

Indiana Governor Mike Braun signed House Bill 1042 into law, which mandates that the state's public retirement and savings plans—including the legislators’ defined contribution plan and the Hoosier START plan—must offer self-brokerage accounts with at least one cryptocurrency investment option by July 2027. The legislation also establishes stronger legal protections for the crypto industry, barring most public agencies from banning crypto payments, self-custody, or mining. Furthermore, local governments cannot impose special restrictions solely on crypto mining businesses or home miners that are not applied to similar activities in the same zoning area. This move aligns with broader trends favoring digital asset inclusion in retirement vehicles, following federal discussions aimed at democratizing access to alternative assets in 401(k) plans.

(Source：Cointelegraph)