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22 lis 2024 · A gold-backed digital currency issued by the Texas State would be a “stepping stone” to Bitcoin for those skeptical to move into crypto, Texas State Representative Cody Harris believes.
- Texas’ gold-backed digital currency project: Law Decoded, April 3–10
On the same day, two Texan lawmakers introduced identical...
- Texas’ gold-backed digital currency project: Law Decoded, April 3–10
22 lis 2024 · Texas proposes a digital currency backed by gold as a bridge towards the adoption of cryptocurrencies and Bitcoin. This initiative aims to offer security to skeptical investors, facilitating entry into the world of Bitcoin and decentralized assets.
Purchase of up to $3,000 in bitcoin, depending on your location. All you need is your phone number and the cash you’ll use to buy your bitcoin. Your phone number securely links your purchase with your account.
10 kwi 2023 · On the same day, two Texan lawmakers introduced identical bills for creating a state-based digital currency backed by gold. Each unit of the digital currency would represent a particular...
9 maj 2023 · Senate Bill 2334 proposes to: Establish a new gold and silver based digital currency through the office of the Texas Comptroller of Public Accounts. Back each unit of issued digital...
22 lis 2024 · Texas gold-backed digital currency could aid in Bitcoin adoption. While Maharrey is looking to get gold and silver recognized as transactional currencies in their own right, the Texas legislature is also making progress on legislation to create a blockchain-based gold-backed token, which could benefit not only the yellow metal but also Bitcoin.
While some US regulators propose launching a Central Bank Digital Currency (CBDC) controlled by the Federal Reserve that could be as manipulated as the dollar, Texas wants a digital currency exchangeable for physical gold and cash.
