Tag: Texas Bullion Depository
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Texas Gold-Backed Token as a Gateway to Bitcoin
On November 21, Cody Harris, a Republican member of the Texas State House of Representatives, took the stage at the North American Blockchain Summit to address the development of a state-issued gold-backed digital token. In a fireside chat with David Duong, Coinbase’s Head of Institutional Research, Harris outlined the potential of this initiative to serve…
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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…