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Home Front: Politix |
Texas Legalizes Gold and Silver as Currency |
2025-06-30 |
[X] Texas Governor Greg Abbott![]() signed House Bill 1056 into law on June 22, 2025, allowing gold and silver to be used as legal tender in day-to-day transactions within the state. This law, effective from May 1, 2027, also permits electronic payments backed by bullion. The legislation is seen as a move towards recognizing these metals as viable forms of currency amidst discussions on financial stability and alternatives to traditional fiat currencies. |
Posted by:Fred |