Indiana Bitcoin Reserves and Cryptocurrency Policies
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Indiana, USA Bitcoin Reserves and Cryptocurrency Policies

Indiana advances a Strategic Bitcoin Reserve via HB 1322, passed by committee in February 2025, with no state income tax fostering crypto innovation.

Bitcoin Reserves

~50โ€“200 BTC
Valued at ~$5Mโ€“$20M (May 2025)

Regulatory Stance

Friendly
No state income tax; pro-blockchain

Government Activity

HB 1322 explores BTC reserve
Blockchain for resource management

Indiana Cryptocurrency Profile

State BTC Reserves % of Global Holdings Legal Status Last Updated Key Policies
Indiana, USA ~50โ€“200 BTC Estimated ~0.0005% Friendly 2025-05-21
  • HB 1322 authorizes Bitcoin investment for state reserves, passed House Committee on February 10, 2025, pending full House approval
  • SB 188 (2021) recognized digital assets, laying groundwork for crypto-friendly policies
  • No state income tax; federal capital gains tax (15โ€“20%) applies to crypto profits
  • Crypto not legal tender; regulated under federal securities and state money transmission laws
  • ~600,000 residents (~9% of population) use crypto; $7B in transactions (2023โ€“2024)
  • No bans on CBDCs, unlike some states
  • Blockchain technology explored for public resource management via HB 1322