Pro-Crypto Senator Ted Cruz Push For Crypto Payment in Capitol Hill
US Senator Ted Cruz leads in pushing crypto adoption in Capitol Hill. The senator suggests that traders in Capitol Hill embrace crypto payments. Following this, the senator issued a Concurrent Resolution report to Congress on January 26 that will spearhead a campaign for crypto payment in Washington, DC.
Reportedly, the senator’s proposal targets traders in the food industry and vending machine service providers in the Capitol Hill business complex.
Capitol Hill Vendors to Use Crypto Payment
According to Cruz’s resolution report, the burgeoning Capitol Hill complex residents will reap more benefits once the proposal receives a green light. Cruz unveiled that among the people to benefit from his proposal would be the Capitol Hill Architect and the Senate Secretary. Also, the administrative executive of the House of Representatives would engage with vendors accepting crypto as a payment method.
Congress has not published Cruz’s proposal, and the reasons are unknown.
Senator’s Achievement in Crypto Space
Cruz has been a Bitcoin enthusiast for a long time due to its unique decentralized features. Also, the pro-Bitcoin senator revealed on his Twitter account that, unlike other digital assets, Bitcoin is uncontrollable. The tweet unveils that most anti-Bitcoin politicians dislike the leading crypto exchange due to its complex controls.
The senator released the tweet when the Chinese government had developed restrictive Bitcoin measures.
In addition, the Republican senator has made the purposeful move to expedite the growth of crypto mining. Residing in Texas, Cruz demanded that the popular Lone Star State be a global “oases” for Bitcoin.
Cruz’s Contribution to Crypto Mining
In his address at the last year Heritage Foundation Program, Cruz opposed the Democrat Senator Elizabeth Warren’s anti-Bitcoin remarks. He argued that it is more challenging to control Bitcoin, as earlier proposed by Senator Warren.
Before that, the senator had demanded his colleagues be educated on crypto fundamentals. On August 2021, the pro-crypto senator released a statement arguing that most of his colleagues lack crypto knowledge. As a result, it was difficult for them to differentiate between Bitcoin and the native New York-based subway token.
Afterward, it was discovered that the senator invested more than $15000 in Bitcoin (BTC) in 2021.
Cruz’s action has influenced him to join other pro-crypto politicians such as John Boozman, Debbie Stabenow, and other senators pushing for crypto-friendly regulation.
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