Tag: Gold-Backed Digital Currency
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Texas Takes Steps Toward Establishing Gold-Backed Digital Currency
Texas is making significant strides toward launching a state-backed digital currency that would be tied to gold. In early 2023, lawmakers introduced bills aimed at creating a state-issued, gold-backed digital currency, a move that could have wide-reaching implications for financial markets, sound money principles, and even the future of the US dollar. Here’s a look…