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The post U.S Indiana Senate Committee Advances Crypto Options for State Retirement Plans appeared first on Coinpedia Fintech News On February 13, Indiana lawmakers announced adding cryptocurrency to public retirement plans after a Senate committee approved House Bill 1042. The bill would allow digital assets to be offered as an investment option within state-managed retirement programs.  It will now move to the full Senate for further review and voting. Indiana Crypto Pension Bill Advances in Senate Committee According to the committee filing and legislative update, House Bill 1042 has cleared an Indiana Senate committee after amendments and now heads to the full Senate for voting.  If the bill becomes law, starting July 1, 2026, public employee plans like Hoosier START must offer self-directed brokerage accounts. Through these accounts, workers can choose to invest part of their retirement savings in approved crypto products. The state will not directly buy cryptocurrency. Instead, employees can decide for themselves whether they want crypto exposure, based on their own risk level and investment goals. Indiana’s public pension funds are managed by the Indiana Public Retirement System, which oversees about $55 billion in assets. How the Bill Adds Crypto Options to Retirement Plans Under House Bill 1042, some state retirement and savings plans would offer self-directed accounts with crypto investment options. It works like a brokerage window where people pick their own investments based on their risk level. The bill also sets one clear rule across Indiana for crypto activity. Local governments would not be allowed to block or limit legal crypto payments, custody services, or mining operations. This avoids different rules in different cities and keeps crypto regulations consistent across the state. Crypto ETF Access Allowed, Stablecoin Funds Excluded The measure also permits state pension funds to invest in cryptocurrency ETFs, but excludes funds mainly…

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Filed under: News - @ February 13, 2026 9:24 am