West Virginia HB4673 recognizes gold, silver, and cryptocurrency as legal tender and establishes a bullion depository.

West Virginia HB4673 aims to recognize gold, silver, and cryptocurrency as legal tender within the state. The bill authorizes the creation of the West Virginia Bullion Depository, an agency within the West Virginia State Treasury, to serve as a custodian for bullion and specie deposits. The depository will issue transactional currency backed by gold and silver. The bill outlines the duties and powers of the depository's administrator, including establishing exchange rates, setting up accounts, and ensuring compliance with laws.

West Virginia HB4673 recognizes gold, silver, and cryptocurrency as legal tender and establishes a bullion depository.

West Virginia HB4673 aims to recognize gold, silver, and cryptocurrency as legal tender within the state. The bill authorizes the creation of the West Virginia Bullion Depository, an agency within the West Virginia State Treasury, to serve as a custodian for bullion and specie deposits. The depository will issue transactional currency backed by gold and silver. The bill outlines the duties and powers of the depository's administrator, including establishing exchange rates, setting up accounts, and ensuring compliance with laws.