Kansas lawmakers propose using gold and silver as legal tender for routine state expenditures.

Kansas lawmakers propose using gold and silver as legal tender for routine expenditures in the state. House and Senate bills require the state treasurer to establish a secure bullion repository and recognize gold and silver as legal tender for electronic transactions. The bills aim to provide an alternative to the U.S. dollar and revive the historical use of precious metals for transactions.

February 20, 2024
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