An Indiana lawmaker has proposed including Bitcoin in pension plans and is blocking the drafting of rules restricting the use of cryptocurrencies.
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An Indiana lawmaker proposed a bill to include Bitcoin ETFs in public pension plans and block local rules restricting cryptocurrency use, aiming to expand digital asset access for savers.
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An Indiana lawmaker introduced legislation on Odaily aimed at expanding access to digital assets for the state's savers while preventing local governments from enacting rules that could restrict the use of cryptocurrencies. The bill would require retirement and savings plans used by public employees to offer cryptocurrency ETFs as an investment option. Furthermore, the bill would restrict local governments from creating rules that "unreasonably" restrict the use of digital assets in payments, cryptocurrency mining, or personal protection of digital assets. The bill has been submitted to the Indiana House Financial Institutions Committee. (Decrypt)