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Arizona Senate Passes Bill to Establish Bullion Depository and Transactional Gold-Backed Currency

The proposed law would establish the Arizona Bullion Depository. The facility would serve as safe storage for precious metals and would facilitate the use of gold and silver as legal tender along with a specie-backed transactional currency. ....

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Second Arizona Senate Committee Passes Bill to Establish Bullion Depository and Transactional Gold-Backed Currency

A second Arizona Senate committee passed a bill that would establish a gold and silver specie-backed transactional currency and a bullion depository. ....

United States , William Greene , Jake Hoffman , Federal Reserve , Arizona Department Of Insurance , Mises Institute , Arizona Senate , Senate Rules Committee , Senate Bill , Arizona Bullion , Arizona Department , Financial Institutions , United States Constitution , Federal Reserve Notes , Bullion Depository , Sound Money , Transactional Currency , State Bills ,

Arizona Senate Committee Passes Bill to Establish Bullion Depository and Transactional Gold-Backed Currency

PHOENIX, Ariz. (Feb. 13, 2024) - On Monday, an Arizona Senate committee passed a bill that would establish a specie-backed transactional currency and a state bullion depository. Sen. Jake Hoffman introduced Senate Bill 1633 (SB1633) on Feb. 5. The proposed law would establish the Arizona Bullion Depository. The depository would serve as safe storage for ....

United States , William Greene , Jake Hoffman , Arizona Department Of Insurance , Commerce Committee , Mises Institute , Arizona Senate , Federal Reserve , Senate Bill , Arizona Bullion , Senate Finance , Arizona Department , Financial Institutions , United States Constitution , Federal Reserve Notes , Bullion Depository , Sound Money , State Bills ,