Georgia Senate committee advances bill to recognize gold and silver as legal tender amid debate over depository, fees and cybersecurity A Georgia Senate committee voted 5–3 to advance a bill that would recognize gold and silver as legal tender and enable fintech-backed transactional accounts tied to physical bullion; supporters said it expands access and hedges inflation, while vendors and experts warned state-run vaulting, unclear fees and cybersecurity merit clarification.

A Georgia Senate committee just advanced a groundbreaking bill that could make gold and silver legal tender, sparking a heated debate over economic freedom, fees, and cybersecurity concerns.

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Committee advances bill to regulate stablecoins, tying state rules to federal "Genius Act" The House Banks & Banking Committee advanced a bill to create a state regulatory framework for stablecoin issuers, linking Georgia rules to the federal "Genius Act," requiring 1:1 backing and KYC/AML compliance and giving the Department of Banking and Finance licensing authority.

Georgia is taking a bold step to regulate stablecoins, aiming to enhance fintech competitiveness while prioritizing consumer protection with 1:1 backing and strict oversight.

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#GA #GeorgiaFintech #CitizenPortal #ConsumerProtection #FinancialRegulation #StablecoinSafety