A Texas legislator has filed two bills to establish a state-sanctioned currency backed by precious metals, marking a ...

Rep. Mark Dorazio has filed two measures that, if approved, would establish silver and gold-backed transactional currencies. The Texas legislator f ...

Two Texas lawmakers, Senator Bryan Hughes and Representative Mark Dorazi, introduced two separate bills for creating a state-issued digital currency backed by gold in April 2023. Under the plan ...

A Texas lawmaker believes the state’s proposed gold-backed digital currency could play a key role in boosting cryptocurrency ...

Zimbabwe’s gold-backed currency, which has been battered on foreign exchange markets since its April debut, rose against the dollar for a second day on the back of tighter monetary policy. The ...

Zimbabwe's central bank has devalued its gold-backed currency by over 40% against the US dollar, indicating that the last ditch effort to stabilise the country's volatile economy, is in trouble.