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Indiana Congressman: Cryptocurrency Bill Should Not Only Benefit Mainstream Assets Like BTC

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2025-12-21 15:41:40
According to Decrypt, Indiana Congressman Kyle Pierce said that although Bitcoin is the first crypto asset, the legislation should not only benefit BTC. The crypto bill he submitted this month deliberately maintains broad provisions, does not set a market value threshold, and avoids "picking winners and losers" in the legislation. Pierce emphasized that the goal is to promote the entire crypto market, rather than locking in Bitcoin, Ethereum or Tether. Unlike states such as New Hampshire, the bill does not set a cap on the market value of the dollar 500 billion. Pierce said that the newly issued tokens are not suitable for retirement investment as public servants, and will be adjusted at the hearing.
The bill also includes protections for miners, preventing state governments from taking negative measures against mining activities.
Previously, it was reported that Indiana lawmakers proposed to support the inclusion of bitcoin in pensions and protect crypto payment rights.
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