Florida to allow payments in gold and silver

1 min read455
Florida to allow payments in gold and silver
Florida Governor Ron DeSantis has signed a law recognizing gold and silver as legal tender in the state, reports Kursiv. The law will take effect on July 1, 2026.

Under the law, private and public organizations may voluntarily accept gold and silver as payment for debts.

The state will also eliminate sales tax on precious metals.

In a statement posted on X, DeSantis emphasized that the law aims to strengthen Florida’s financial independence.

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