Indiana HB1042: Mandatory Crypto Retirement Investments!

Indiana state legislators sent House Bill 1042 (HB1042), which expands legal protections for cryptocurrency users and mandates that certain state retirement and savings plans offer at least one crypto investment option through a self-directed brokerage option, to Governor Mike Braun. The bill aims to protect Bitcoin (BTC) investor rights, prohibit discriminatory crypto taxes, and allow holding digital assets in state retirement plans. The bill passed the legislature with 59 yes votes against 33 no votes, and if signed, most provisions will take effect on July 1; the retirement brokerage requirement will begin on July 1, 2027.

Indiana House Bill 1042, history. Source: Legiscan

Which Retirement Plans Does the Indiana HB1042 Bill Cover?

The bill covers legislators' defined contribution plan, Hoosier START plan, certain public employees and teachers retirement funds. State and local agencies cannot issue rules prohibiting legal crypto payments, self-custody, or mining; the Department of Financial Institutions is excluded. This will increase access by offering options like BTC futures to individual investors.

Indiana House Bill 1042. Source: Legiscan

Difference from Other States: Crypto Mandate in Retirement

Oklahoma (November 2024) and Kentucky (March 2025) passed similar investor protection laws; Pennsylvania HB2481 passed in October 2024 but was not signed. The Indiana bill stands out as the only law requiring self-directed brokerage for crypto in retirement plans. This development accelerates institutional adoption.

BTC Price and Technical Analysis: Support Levels Strong

Today BTC price is at 68,040.88 USD level, up 4.01% in the last 24 hours. RSI at 42.49 is in neutral zone, but downtrend continues (Supertrend bearish, EMA 20: 69,251 USD). Strong supports: S1 67,943 USD (score 76/100), S2 64,323 USD. Resistances: R1 68,112 USD (78/100). Weekly candle rose 8.40% giving positive signal (62,401 USD low).

Institutional BTC Adoption: GD Culture and Global Examples

GD Culture Group (GDC) announced it will use its 7,500 BTC reserve for share buybacks. While the UAE's 272 billion dollar bank increases its crypto assets, the Indiana law could popularize BTC access in US retirement funds. This strengthens investor protections and boosts market confidence.