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

In brief

  • Indiana State Rep. Kyle Pierce doesn’t want his crypto bill to pick winners or losers.
  • His legislation does not include market-cap thresholds for digital assets.
  • The bill would prevent Indiana from targeting crypto miners, he said.

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,…

Source link