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 Russian Government Drafts Roadmap to Regulate, Not Ban Crypto, Report Unveils January 29, 2022 Kazakhstan President Signs Law Increasing Tax Burden for Crypto Miners July 13, 2022 Washington State Passes New Blockchain Law April 1, 2022