• Texas Republican Senator Ted Cruz is pushing the United States Congress to adopt cryptocurrency within its halls.
• If adopted, the Architect of the Capitol, the Secretary of the Senate and the Chief Administrative Officer of the House of Representatives would be required to find the crypto accepting food and vending firms.
• The resolution introduced by Cruz would only allow vending machine and food service contractors that accept crypto as a payment option within the U.S. Capitol.
Texas Republican Senator Ted Cruz is pushing for crypto to be adopted in the United States Congress. He recently introduced a resolution that would only allow vending machines and food service contractors that accept crypto as a payment option within the U.S. Capitol. If approved, the Architect of the Capitol, the Secretary of the Senate and the Chief Administrative Officer of the House of Representatives would be responsible for finding the necessary firms that accept cryptocurrency.
The resolution is an effort to incentivize lawmakers to use crypto as a payment option, particularly when it comes to buying snacks. The resolution, if approved, would mean that lawmakers would be able to purchase sodas and chips using a crypto-supporting vending machine. The text of the resolution is not currently available on the Congress website, but it is known that the resolution would not require vendors to accept any specific cryptocurrency.
The resolution is seen as a positive step forward in the adoption of cryptocurrency in the United States. It could potentially open the doors for more widespread use of crypto, as well as other blockchain-based technologies, within the Capitol.
Some experts have praised the move, citing it as an example of how lawmakers are beginning to take cryptocurrency seriously. Others have suggested that the resolution does not go far enough, noting that it does not address the issue of taxation or the legal implications of using crypto.
Regardless, the resolution is being seen as a positive step in the right direction for the adoption of cryptocurrency in the United States. It remains to be seen whether or not the resolution will be approved, but if it is, it could be the first step in a much larger movement towards the acceptance of crypto in the United States.