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 Bill on Digital Ruble Submitted to Russian Parliament January 1, 2023 Russian Nationalists Prepare Bill to Regulate Cryptocurrency Mining November 13, 2021 Bittrex may still face enforcement action in Florida amid bankruptcy July 6, 2023