Florida signs a bill recognizing gold and silver as legal tender in the United States.

date
29/05/2025
On Tuesday local time, Florida Governor Ron DeSantis signed legislation recognizing gold and silver as legal tender in the state, citing it as a measure to protect Floridians from the devaluation of the US dollar. The legislation establishes a legal framework recognizing certain gold and silver coins as legal tender in Florida, exempting them from sales taxes, regulating their custody, and allowing for their use in transactions. DeSantis stated that the bill authorizes the cashing of checks or payments through platforms like PayPal using gold and silver. He commented, "This means these precious metals can once again function as real currency, not just as tools for the wealthy to invest in." DeSantis also criticized the spending behavior of the federal government, likening the situation with "DOGE and Musk" to "battling a swamp." DeSantis remarked, "It's the end of May, and Congress has not implemented a penny of DOGE cuts! DOGE is battling the swamp, and so far, the swamp is winning."