Anthem Vault Submits Proposal To State Of Texas For Gold Depository
Anthem Vault, which owns the Bitcoin-accepting online precious metals retailer Amagi Metals, submitted a proposal to the state of Texas regarding the building of a new Bullion Depository that was recently signed into law in the Lonestar State. The plan to build a gold depository has mustered the interest and support of the international precious metals community. The official state bullion depository appears to be in its incipience as more than a dozen companies answered Comptroller Glenn Hegar request for advice on the project. Governor Greg Abbott signed House Bill 483 in June, directing....
Related News
In mid-June, Texas Gov. Greg Abbott signed into law HB 483, paving the way for Texas to repatriate $1 billion in gold from an underground vault in Manhattan operated by HSBC bank, bringing it home to be stored in a yet-to-be-built Texas Bullion Depository, reports HNGN, which also speculated whether this is the first step in Texas' plan to secede. The gold is owned by the University of Texas' endowment fund. "Today I signed HB 483 to provide a secure facility for the State of Texas, state agencies and Texas citizens to store gold bullion and other precious metals,"Abbott said in an....
Anthem Vault has announced the acquisition of Amagi Metals. Amagi Metals is a Bitcoin-to-bullion precious metal dealer and with this deal the company is hoping to gain more ground in this growing market. Anthem Blanchard, founder and CEO of Anthem Vault also outlined that "our goal is to provide the precious metals community with a trusted way to accumulate gold and silver." He further explained the goal of the company by saying that "when customers find their gold and silver stacks too precious to be held in their own home, we can take on the storage and security at Anthem Vault. Amagi....
Texas has proven to be a frontline state within the Bitcoin and Blockchain ecosystem. Sam Castaneda speaks with CoinTelegraph on the peculiar characteristics of the state and why they have led in breaking new grounds within the ecosystem and milestones that have been achieved by the people of Texas. Sam Castaneda is the Co-Founder of UTXO, a Bitcoin company based in Texas. Sam was born in south Texas and moved to Houston to pursue economics at the university of Houston. Sam proudly says: According to Sam, Texas has always been inclined to take a stance in monetary policies. Giving an....
Financial technology company Anthem Vault today launched HayekGold (the 'hayek'), a digital token that enables more people to own and spend gold. Each hayek represents 1 gram of gold stored in the secure, world-class vaulting facility in Salt Lake City, Utah, and will be purchased at the market value at the time of the transaction."We use the latest, most secure technology - the Bitcoin blockchain - that fuels hundreds of other crypto-related platforms," said Anthem Vault founder and CEO Anthem Blanchard. "The Hayek coalesces the most trusted store of value in history, gold, with the....
In one of its first steps towards creating an unconstrained economy, the State of Texas has decided to setup its own gold-backed bank. The decision comes in the wake of Governor Greg Abbott's decision to repatriate $1 billion worth of state's gold from an underground vault in New York. The republican plans to store this gold in a 'yet-to-be-built' facility, a step that will circumscribe taxpayers' money from leaving Texas and will further circumvent the controversial Federal Reserve System. This means thats the Texans will be able to conduct gold-backed transactions to pay for goods and....