New Indiana bill expands crypto use in pensions
The Indiana General Assembly (United States) has registered a bill concerning the use of cryptocurrencies in state pension programs and the protection of crypto payments.
The bill was introduced by Republican State Representative Kyle Pierce. His proposal stands out from other retirement-related legislation as it requires pension and savings programs used by public employees to make exchange-traded investment funds (ETFs) that provide exposure to cryptocurrencies available as investment options.
In addition, the bill seeks to prohibit local authorities from adopting rules that “unreasonably” restrict the use of digital assets for payments, cryptocurrency mining, or citizens’ ability to self-custody digital assets.
Pierce, who was elected to the Indiana General Assembly in 2022, stated that Indiana “must be prepared to act reasonably and responsibly,” and that his bill “gives Hoosiers more investment opportunities while also setting limits.”
Indiana wants control over crypto revenues
Pierce’s version of the bill also includes provisions requiring the state to assess how the government could use cryptocurrencies, while still leaving room for pilot programs.
This initiative differs from legislation in other states that allows governments to allocate funds directly into digital assets, such as a bill passed in New Hampshire. Other cryptocurrency-related bills focus on taxing transactions to fund public health measures.
Pierce’s bill could become one of the first to be considered by Indiana lawmakers in the new year. Against the backdrop of redistricting debates, the 2026 Indiana legislative session began a month earlier, in December 2025.
As we wrote, Florida to invest 1% of $186B pension fund in Bitcoin reserve
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