Senator Ted Cruz proposes accepting cryptocurrencies as a means of payment on Capitol Hill in Washington, DC.
In recent days, U.S. Senator Ted Cruz, a representative from the state of Texas, introduced a proposal to Congress that seeks to promote the use of cryptocurrencies to make payments at vending machines, gift shops, and restaurants in the Capitol.
La proposal presented by Senator Cruz, titled “Resolution on Congressional Adoption of Cryptocurrencies as a Means of Payment for Transactions,” proposes requiring food service providers and vending machines in Capitol buildings to accept cryptoassets as a means of payment for their products and services.
It is known that in addition to Senator Ted Cruz, former Senator Pat Toomey, who represented the state of Pennsylvania, and Senator Cynthia Lummis, representative of the state of Wyoming, also support the use and adoption of cryptocurrencies.
Both senators have expressed their interest in crypto assets through proposals introduced before the Senate, with which they seek to recognize and legalize the use of cryptocurrencies as valid forms of payment in the country.
Senator Ted Cruz pushes for cryptocurrency payments
As the cryptocurrency industry continues to develop, so does the demand and use of these digital assets, which is why more companies, businesses and merchants have been adding crypto assets to their payment methods.
Although it is not officially known whether the Senate will meet in the coming days to vote on the proposal presented by Senator Cruz or whether it could be approved at some point, the news has caused a stir on social media and in the crypto community.
On Twitter, several Bitcoiners have reacted to the resolution proposed by the Texas senator. For example, the DeFi consultancy Velvet Capital manifested that the adoption of cryptocurrency payments on Capitol Hill will open the door to mass adoption of crypto payments in the United States.
Cryptocurrencies in the United States
Bitcoin and the cryptocurrency market in general have been attracting increasing interest from all walks of life, and the United States Senate has been no exception.
Some senators have taken a position on the issue of adopting Bitcoin as legal tender within the United States. Such is the case of Arizona Senator Wendy Rogers, who recently introduced a bill to the Senate to recognize Bitcoin as legal tender and to promote the acceptance of this digital asset as a valid means of payment for taxes, fines and services in the state.
On the other hand, Senator Ted Cruz has presented himself as a great defender of Bitcoin, declaring that mining this cryptocurrency saves large amounts of money. benefits for both the stability and resilience of the electrical system as well as for the production of renewable energy.
Continue reading: Arizona State Senator Wendy Rogers: “Bitcoin is freedom”
