Texas Recognizes Gold and Silver as Legal Tender in New Law

Texas has legalized gold and silver as legal tender for everyday transactions, marking a first in the U.S. The new law allows coins, bullion, and a metals-backed digital currency to be used, all managed by the Texas Bullion Depository. Championed by Rep. Mark Dorazio and supported by the state GOP, the system aims to boost financial autonomy and may lead to future blockchain tokenization while complying with state and federal laws.

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Austin
Texas
United States

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