Arizona Senate Passes Bill to Establish Bullion Depository and Transactional Gold-Backed Currency
PHOENIX, Ariz. (Feb. 29, 2024) – Today, the Arizona Senate passed a bill that would establish a gold and silver specie-backed transactional currency and a bullion depository. Sen. Jake Hoffman introduced Senate Bill 1633 (SB1633) on Feb. 5. The proposed law would...
Arizona Senate Passes Bill to Exclude CBDC from State Definition of Money
PHOENIX, Ariz. (Feb. 29, 2024) – Today, the Arizona Senate passed a bill that would expressly exclude central bank digital currency (CBDC) from the definition of legal tender and money in the state, creating potentially significant roadblocks to its use as such in...
Second Arizona Senate Committee Passes Bill to Exclude CBDC from State Definition of Money
PHOENIX, Ariz. (Feb. 22, 2024) – This week, a second Arizona Senate committee passed a bill that would expressly exclude central bank digital currency (CBDC) from the definition of legal tender and money in the state, creating potentially significant roadblocks to its...