Indiana Governor Eric Holcomb has officially signed legislation that paves the way for state and local government retirement systems to invest in digital assets. The newly approved bill allows pension fund managers to allocate a portion of their investment portfolios to cryptocurrencies, marking a significant shift in the state’s financial policy. The initiative aims to provide retirement plans with broader diversification and potential exposure to the growing digital economy. Under the new law, investment boards are authorized to explore blockchain-based assets while maintaining strict fiduciary standards and risk management protocols. This move positions Indiana among a small but growing group of states integrating digital assets into public retirement funds, reflecting an increasing institutional interest in the cryptocurrency market.
Source: Indiana to enact bill allowing crypto investments in retirement plans after governor’s sign-off
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