Indiana Governor Signs Bill Allowing Bitcoin in State Retirement Plans

Bitcoin Magazine Indiana Governor Signs Bill Allowing Bitcoin in State Retirement Plans Indiana Gov. Mike Braun has signed legislation allowing bitcoin and cryptocurrency investments in the state’s public retirement and savings plans, opening the door for state employees to gain exposure to digital assets through self-directed accounts. The measure, House Bill 1042, requires Indiana’s public retirement boards, deferred compensation committees, and annuity savings programs to offer self-directed brokerage accounts that include at least one cryptocurrency investment option by July 1, 2027. The accounts will allow participants to allocate a portion of their retirement savings to bitcoin, crypto assets, or crypto-linked exchange-traded funds, subject to investment guidelines and oversight established by plan administrators. JUST IN: Indiana Governor signs bill into law that allows Bitcoin to be invested in state retirement plans pic.twitter.com/T5i3zxXZLM— Bitcoin Magazine (@BitcoinMagazine) March 3, 2026 Under the law, participants will be able to select and manage their own cryptocurrency holdings alongside traditional assets such as stocks, bonds, and ETFs. Retirement boards will retain authority to set allocation limits, establish administrative fees, and ensure that account valuations reflect prevailing market prices. The legislation defines cryptocurrency as a virtual currency not issued by a central authority that functions as a medium of exchange and relies on encryption to regulate issuance, verify transfers, and prevent counterfeiting. Indiana lawmakers said the definition provides clarity for public investment programs evaluating digital asset exposure. Indiana and other U.S. states love bitcoin With the bill’s passage, Indiana joins a growing list of states exploring the integration of bitcoin and crypto products into public investment portfolios.The proposal comes amid growing interest from U.S. states and municipalities in incorporating digital assets i...