Indiana Legislator: Crypto Legislation Must be Inclusive, Not Exclusive to Bitcoin:
Indiana Representative Kyle Pierce made it clear that the newly introduced bill, focusing on cryptos, aims at the overall development of the industry, and not just Bitcoin and other cryptos. This newly introduced bill enables public services to invest in ETFs involving cryptos.
Pierce also emphasized the protection of cryptocurrency miners, preventing them from being discriminated against as a result of state regulation. Unlike other state bills that are restricted to the regulation of assets with high market caps, the regulation is general with the aim of cultivating a fair regulatory environment.
"The elected representative cited the growing trust in crypto regulation after the federal passage of the GENIUS Act, which shows a possible way for comprehensive and non-restrictive crypto policies to be implemented within the state of Indiana."
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