Signed as Law: Utah Excludes CBDC from State Definition of Legal Tender
SALT LAKE CITY, Utah (March 14, 2024) – On Wednesday, Gov. Spencer Cox signed a bill into law that expressly excludes a central bank digital currency (CBDC) from the state’s definition of legal tender and money, creating potentially significant roadblocks to its use...
Oklahoma House Passes Bill That Would Take Additional Steps to Treat Gold and Silver Like Money
OKLAHOMA CITY, Okla. (Mar. 14, 2024) – On Tuesday, the Oklahoma House passed a bill that would clarify and expand the definition of gold and silver as legal tender in the state, and eliminate state capital gains taxes on gold and silver specie. As we’ve seen in...
Oklahoma Committee Passes Bill to Take Additional Steps to Treat Gold and Silver Like Money
OKLAHOMA CITY, Okla. (Feb. 19, 2024) – Today, an Oklahoma House Committee passed a bill that would eliminate state capital gains taxes on gold and silver specie, and clarify and expand the definition of gold and silver as legal tender in the state. In 2014,...