Crypto Bills Shouldn’t Be Bitcoin or Bust, Says Indiana Lawmaker

Bitcoin may be the first cryptocurrency ever created, but it shouldn’t be the only one lifted by legislative initiatives across the U.S., according to Indiana State Rep. Kyle Pierce.

The Republican, who introduced legislation earlier this month, told Decrypt that his bill centered on Indiana’s treatment of cryptocurrency was written in a way that was intentionally broad. He described that as a matter of principle, as well as optics.

“I didn’t want to get in this situation where someone can say, ‘Oh, you’re choosing winners and losers’” he said, “My goal is to promote the cryptocurrency market, not Bitcoin, Ethereum, Tether, or whatever it may be.”

Pierce’s bill, in its initial form, calls on the state to…

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