Reported 2 days ago
Governor Ron DeSantis has signed Bill 999, designating gold and silver coins as legal tender in Florida, aiming to provide residents with financial freedom and protection against the declining value of the U.S. dollar. The new legislation exempts these precious metals from sales tax and allows money services to accept them as payment, with implementation set for July 1, 2026, pending necessary legislative approval. This move is seen as a response to fluctuations in credit ratings and inflation affecting the dollar's purchasing power.
Source: YAHOO