Indiana lawmaker: The cryptocurrency bill should not only benefit mainstream assets like BTC.

DeepFlowTech · 2025-12-21T15:15:38+00:00

Indiana Congressman Kyle Pierce has proposed a cryptocurrency bill aimed at promoting the entire crypto market, not just Bitcoin. His bill does not set a market capitalization threshold and emphasizes protecting miners and supporting the right to make crypto payments, while planning to adjust investment restrictions on newly issued tokens.

DeepFlowTech

2025-12-21 15:15:38

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According to a report by Decrypt on December 21, Indiana Congressman Kyle Pierce stated that although Bitcoin is the first crypto asset, legislation should not only benefit BTC. He intentionally kept the terms broad in the crypto bill submitted this month, without setting a market capitalization threshold, to avoid “picking winners and losers” in 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 $500 billion market cap limit. Pierce stated that newly issued tokens are not suitable for public employee retirement investments, and adjustments will be made in future hearings.

The bill also enshrines protections for miners, stating that state governments cannot take negative measures targeting mining activities.

According to previous reports, Indiana state legislators proposed to support the inclusion of Bitcoin in pensions and protect the rights of cryptocurrency payments.

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