U.S. Senator Ted Cruz has launched a decision that may place Congress to steer within the space of cryptocurrency by having congressional cafeterias, merchandising machines, and reward retailers settle for crypto funds. “Congress is usually sluggish to undertake new expertise,” he stated.
Senator Pushes for Crypto Adoption in Congress
U.S. Senator Ted Cruz has launched a decision titled “Adopting Cryptocurrency in Congress as an Alternate of Fee for Transactions Decision,” additionally known as “ACCEPT Decision,” within the Senate Monday.
The decision proposes cryptocurrency be accepted at “eating places, merchandising machines, and reward retailers within the Capitol Complicated.” In response to the textual content of the decision:
The Architect of the Capitol, the Secretary of the Senate, and the Chief Administrative Officer of the Home of Representatives shall every … solicit and enter into contracts to offer meals service and merchandising machines in such Capitol Buildings with individuals that may settle for digital belongings as fee for items.
They shall additionally “encourage the reward retailers in such Capitol Buildings to simply accept digital belongings as fee for items,” the decision provides.
Cruz informed Breitbart Information Monday that Congress can lead within the space of cryptocurrencies by adopting them as fee and growing crypto consciousness in Congress.
“As customers higher perceive and embrace cryptocurrency, retailers are more and more accepting crypto as a fee methodology. Congress is usually sluggish to undertake new expertise,” the senator from Texas defined to the publication, including:
My invoice would place Congress to steer on this challenge by having congressional cafeterias, merchandising machines, and reward retailers settle for crypto funds.
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