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IN-DEPTH: Texas Lawmakers Consider Creating Gold-Based Digital Currency for Use by Anyone Anywhere

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IN-DEPTH: Texas Lawmakers Consider Creating Gold-Based Digital Currency for Use by Anyone Anywhere
A worker polishes gold bullion bars at the ABC Refinery in Sydney, Australia, on Aug. 5, 2020. David Gray/AFP via Getty Images
Darlene McCormick Sanchez
Updated:
0:00

Texas could become the first state in the nation to issue its own digital currency based on gold and silver.

The Texas Senate could vote on Senate Bill 2334 this week. A similar bill in the Texas House, House Bill 4903, did not advance.
Darlene McCormick Sanchez
Darlene McCormick Sanchez
Reporter
Darlene McCormick Sanchez is an Epoch Times reporter who covers border security and immigration, election integrity, and Texas politics. Ms. McCormick Sanchez has 20 years of experience in media and has worked for outlets including Waco Tribune Herald, Tampa Tribune, and Waterbury Republican-American. She was a finalist for a Pulitzer prize for investigative reporting.
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