Pro-crypto US senator Ted Cruz has filed a resolution to make lawmakers buy snacks around the Capitol using cryptocurrencies. His resolution includes the introduction of crypto-supporting snacks vending machines.
Anything for crypto adoption?
Texas senator Ted Cruz is determined to support crypto adoption as he continues to file pro-crypto proposals. In the latest filing, Cruz wants the Congress and House of Representatives to allow for the introduction of crypto-supporting snacks vending machines.
On Wednesday, he introduced a concurrent resolution that seeks to allow only vending machines and food service contractors that accept payments in cryptocurrencies. However, this requirement will only be for the suppliers around the US Capitol.
If this proposal is accepted, the Secretary of the Senate, the House of Representatives’ Chief Administrative Officer, and the Architect of the US Capitol will be required to source crypto-accepting food and vending service providers.
US lawmakers continue pushing for the adoption
Senator Ted Cruz has been vocal about cryptocurrencies for quite a long time. He has lauded Bitcoin and even invested in it, particularly for its decentralization. In early 2022 he even invested in the coin per a given disclosure.
He is not the only Bitcoin investor in Congress as well. Eight others are known according to reports by “Bitcoin Politicians,” a crowdsourced data project. Some of the eight legislators include Wyoming Senator Cynthia Lummis and Pennsylvanian Senator Pat Toomey.
Pat has been active in the crypto space and has introduced a stablecoin Bill that seeks to create a regulatory framework for their use in digital payments. On the other hand, Senator Cruz has also expressed his will to make Texas a Bitcoin Haven. He says that cryptocurrency mining can be a great way to monetize energy from oil and gas and would be a great way to store the energy.
These developments show a growing faith in innovation, and investors should learn about the crypto space before entangling with it to reduce the possible risks.