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 President Zelenskyy Signs Ukraine’s Law ‘On Virtual Assets’ March 17, 2022 Kazakhstan President Signs Law Increasing Tax Burden for Crypto Miners July 13, 2022 Bipartisan bill to give CFTC authority over exchanges and stablecoins April 29, 2022