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Bitcoinist 2023-04-11 03:51:02

Plan For Gold-Backed Digital Currency Emerges from Texas Legislature

Texas lawmakers have proposed a glittering innovation that could shake up the cryptoverse: a gold-backed digital currency. In a bold move, identical bills have been introduced to create a state-based crypto asset that would be supported by the precious metal. But the proposal has raised eyebrows, as some US lawmakers are still against the introduction

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