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 Aussie cyber spies to control critical infrastructure during ransomware attacks October 20, 2021 ‘Historic week’ as stablecoin, self-custody bills advance to House floor July 28, 2023 US Lawmakers Unite to Block IRS Rule Threatening Defi and Crypto Innovation January 24, 2025