FailedFiled Jan 5, 2026
Sponsor: Kyle Pierce (Republican)
Latest Action
Committee report: do pass, adopted
Feb 19, 2026
Summary
The bill stops stablecoin issuers from paying any interest, yield, or other economic benefits to people who hold the coins. It also makes it illegal for anyone in Indiana to sell a stablecoin unless the issuer has a state license, with the rule taking effect in 2028. The Department of Financial Institutions would oversee licensing, supervision, reporting, and enforcement.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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