Indiana Governor Mike Braun signed House Bill 1042 into law, requiring certain state-managed retirement and savings plans to provide self-brokerage accounts that include at least one crypto investment option by July 2027. The measure applies to select public employee and teacher retirement programs, expanding access to digital assets within defined contribution structures.
Beyond retirement access, the legislation restricts most public agencies from banning crypto payments, self-custody, or mining. It also clarifies that non-custodial software providers facilitating digital asset transfers do not require a money transmitter license, offering additional regulatory clarity for blockchain developers.
The move aligns with broader institutional adoption trends, as policymakers across several states evaluate digital asset integration. By embedding crypto exposure within retirement frameworks, Indiana joins a growing group of jurisdictions positioning digital assets within long-term savings and regulated financial infrastructure.
