Texas lawmakers propose a gold-backed state digital currency Post author:MiamiCrypto Post published:April 9, 2023 Post category:bill / Bryan Hughes / Florida / Mark Dorazio / Ron DeSantis / Ted Cruz The bills state that the trustee must hold a sufficient amount of gold in reserve for all units of digital currency that have been issued and are still in circulation. You Might Also Like Republic of Ireland to Prohibit Political Cryptocurrency Donations April 20, 2022 DeSantis is right — CBDCs will lead to absolute government control April 7, 2023 Study Identifies the Top 10 States in America Most Interested in Bitcoin, Ethereum September 4, 2022