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