Indiana has passed a bill allowing cryptocurrency investments in retirement plans and savings accounts, Cointelegraph reported on March 4 local time.
Indiana Governor Mike Braun (마이크 브라운) signed House Bill 1042. The bill requires state public retirement and savings accounts to offer at least one cryptocurrency investment option by July 2027.
The move also includes measures to strengthen protections for the cryptocurrency industry. Under the bill, public agencies other than financial institutions cannot adopt rules that ban cryptocurrency payments, self-custody or mining.
Apps and software protocols that support non-custodial transfers do not need a money transmitter licence, and local governments cannot impose additional regulations on cryptocurrency miners.
The federal government is also moving to expand access to cryptocurrency investment. U.S. President Donald Trump (도널드 트럼프) issued an executive order in August last year to allow 401(k) investors access to alternative assets including cryptocurrencies, and the SEC is preparing related rules.
Chi-gyu Hwang
delight@d-today.co.kr