The Capitol's resolution's resolution encourages the Capitol to accept cryptocurrencies-regulation
The Capitol's resolution's resolution encourages the Capitol to accept cryptocurrencies-regulation
A US legislator has introduced a resolution that encourages Capitol gift shops to accept cryptocurrency payments. He emphasized that the legislature "improve accessibility and to signal our support for the burgeoning cryptocurrency industry".
US senator supports crypto payments
US Senator Ted Cruz (R-TX) announced on Thursday that he reintroduced the adopting cryptocurrency in congress as the Exchange of Payment for Transactions (Accept) Resolution. Cruz presented for the first time in November 2021. The Senator from Texas said:
Cryptocurrency creates new jobs, encourages entrepreneurs to invent new values, creates new security against inflation and offers new opportunities. It is also increasingly being used as a secure means of payment for goods and services.
"This is exactly why we should improve accessibility here in the United States Capitol and signal our support for the burgeoning cryptocurrency industry," he added.
Senator Cruz explained that his draft law would "oblige the architect of the Capitol, the secretary of the Senate and the Chief Administrative Officer of the House of Representatives to encourage the gift shops of the Capitol to accept cryptocurrencies as a means of payment". You would also have to "conclude contracts with providers who accept cryptocurrencies as a means of payment for meals and in sales machines within the Capitol complex".
cruz said:
An additional advantage of using cryptocurrency as a means of payment in the Capitol is that foreign tourists who visit the capital of our nation every year offers a secure payment option without having to pay unnecessary and often costly change fees.
The legislator has long been a pro-bitcoin senator. In May last year he said that he was " incredibly bullish " on Bitcoin. "I have a weekly purchase that is an automatic weekly purchase of Bitcoin because I believe in the average of the dollar costs," he noted at the time.
also Senator Cruz brought a bill in April last year a prohibit the Federal Reserve From the development of a digital central bank currency (Direct-to-Consumer Central Bank Digital Currency, CBDC), "which the Federal Government could use as a financial surveillance tool, similar to how it is currently in China," noted Cruz.
What do you think that Senator Ted Cruz is pushing that gift shops on the Capitol Hill accept payments in cryptocurrency? Let us know in the comment area below.
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