New state law makes gold, silver legal tender

A new law signed by Gov. Greg Abbott will allow Texas residents to use precious metals such as gold and silver in daily transactions, beginning May 1, 2027.Under House Bill 1056 authored by Rep. Mark Doroazio (R-San Antonio), Texans who have gold and silver will be able to utilize a mobile application or debit card-like system to conduct transactions.The law comes after more than ...

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