Texas Declares Gold and Silver as Legal Tender

Texas Legalizes Gold and Silver as Tender: Texas has enacted a law allowing gold and silver to be used as legal tender, providing residents with alternatives to traditional currency and potential protection against inflation, despite opposition from banking lobbyists.

Impact on Monetary Systems: The legislation may influence future monetary systems and public sentiment towards bullion-backed transactions, although initial market reactions have been muted and the effects on digital currencies remain negligible.