Indiana HB1042 regulates cryptocurrency investment and digital asset mining, allowing certain funds to invest in cryptocurrency exchange-traded funds.

Indiana HB1042 amends the Indiana Code to allow specific funds to invest in cryptocurrency exchange-traded funds, including the legislators' defined contribution plan, the Hoosier START plan, and the public employees' retirement fund hybrid plan. The bill also establishes a blockchain and digital assets task force to evaluate and recommend legislation for blockchain pilot projects. It prohibits public agencies from restricting the use or custody of digital assets and limits noise restrictions on digital asset mining businesses in industrial zones.

Indiana HB1042 regulates cryptocurrency investment and digital asset mining, allowing certain funds to invest in cryptocurrency exchange-traded funds.

Indiana HB1042 amends the Indiana Code to allow specific funds to invest in cryptocurrency exchange-traded funds, including the legislators' defined contribution plan, the Hoosier START plan, and the public employees' retirement fund hybrid plan. The bill also establishes a blockchain and digital assets task force to evaluate and recommend legislation for blockchain pilot projects. It prohibits public agencies from restricting the use or custody of digital assets and limits noise restrictions on digital asset mining businesses in industrial zones.