Sen. Bryan Hughes (R) introduced Senate Bill 2334 on March 10, which could result in Texas launching its own gold-backed digital currency if it's passed.
Bills introduced in the Texas House and Senate would create a state-issued, gold-backed digital currency.
Enactment of this legislation would create an option for people to transact business in sound money, set the stage to undermine the Federal Reserve’s monopoly on money and create a viable alternative to a central bank digital currenc...
