U.S. Bill Wants Capitol Hill Vending Machines to Take Crypto

U.S. bill wants Capitol Hill vending machines to take crypto.
Senator Ted Cruz reintroduced a resolution that would enforce this adoption.
Cruz has been a vocal supporter of the growing cryptocurrency mining industry.

This week, a senator from Texas, Ted Cruz, reintroduced a resolution that would force the United States federal government to engage with private vendors that provide food and beverage services in the Capitol building and accept cryptocurrency as payment.

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Senator Ted Cruz is a proponent of the widespread use of cryptocurrencies, and one of the ways he hopes to accomplish this goal is by appealing to his colleagues on Capitol Hill

The resolution also promotes gift shops located in Capitol buildings to enable clients to pay for their products using digital assets. This resolution does not single out any specific cryptocurrency in particular.

Senator Cruz in a statement released Thursday;

Cryptocurrency is generating new jobs, encouraging entrepreneurs to invent new values and creating new hedges against inflation, and presenting new opportunities.

It is important to note that last year, Cruz stated that he wanted the State of the Lone Star to be an “oasis on planet earth for bitcoin and crypto.”

Most importantly, Cruz has been a vocal supporter of the growing cryptocurrency mining industry in his home state of Texas. He has also been vocal about the need for members of Congress to be better knowledgeable when it comes to cryptocurrencies, and he has publicly declared the bitcoin holdings he has in his personal portfolio.

Cruz is falling further behind other senators, such as Debbie Stabenow (Democrat of Michigan), John Boozman (Republican of Arkansas), Kirsten Gillibrand (Democrat of New York), and Cynthia Lummis (Republican of Wyoming), all of whom have worked on major crypto-related bills, despite the fact that he has reintroduced the pro-crypto resolution.

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Godfrey Mwirigi

Godfrey Mwirigi is an enthusiastic crypto writer with an interest in Bitcoin, blockchain, and technical analysis. With a focus on daily market analysis, his research helps traders and investors alike. His particular interest in digital wallets and blockchain aids his audience in their day-to-day endeavors.