Regulation of stablecoin.
This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.
- Stage
- Session ended
- Started in
- House
- Latest action
- Feb 19
Where it stands
Introduced (Done)
Committee (Done)
Floor (Current step)
Law (Needs attention)
What it does
Prohibits a permitted payment stablecoin issuer or foreign payment stablecoin issuer from: (1) paying interest or any other type of yield; or (2) providing any other economic benefit; to a person in connection with the person's holding, use, or retention of a payment stablecoin. Provides that: (1) a payment stablecoin may be issued in Indiana only by a licensed payment stablecoin issuer; and (2) beginning July 1, 2028, subject to specified exceptions, a digital asset service provider may not offer or sell a payment stablecoin in Indiana that is not issued by a licensed payment stablecoin issuer. Requires the department of financial institutions (department) to: (1) administer licensure of…
What moved
Who is involved
- Kyle PierceLead sponsor
- Scott BaldwinLead sponsor
- Chris JudySponsor
- Jake TeshkaSponsor
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
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