Indiana lawmakers have handed two crypto-related measures, together with one that will permit public retirement and financial savings plans to realize publicity to digital property and spot exchange-traded funds.
Gov. Mike Braun is anticipated to signal HB 1042 throughout the subsequent 10 days.
What HB 1042 does
The invoice authorizes public funds to entry digital-asset publicity via funding merchandise reminiscent of spot ETFs.
Indiana’s transfer locations it alongside different states which have opened public funding frameworks to crypto-linked merchandise.
States weighing bitcoin publicity
CoinDesk reported that 21 states are investing in or evaluating investments in digital property, primarily bitcoin.
Indiana was cited alongside states together with Wyoming, Wisconsin, Michigan and Arizona.
Separate invoice targets crypto ATMs
In a separate measure, the Indiana legislature handed a invoice banning digital forex kiosks, generally generally known as crypto ATMs, throughout the state.
Violations could be enforced by the state legal professional normal underneath misleading shopper gross sales legal guidelines.
Fraud figures cited by authorities
The invoice adopted warnings from regulation enforcement about rising fraud tied to crypto ATMs.
Authorities in Evansville, Indiana, reported that residents misplaced roughly $400,000 in scams related to the kiosks in 2025.
The FBI has estimated that Individuals misplaced $240 million to crypto ATM fraud within the first half of 2025.
It additionally stated it acquired practically 11,000 crypto ATM fraud complaints in 2024, a 99% improve from the earlier yr.