US senator Ted Cruz wants Capitol Hill to start accepting cryptocurrency payments.
The Texas lawmaker submitted his proposal this week and, if passed, food service contractors and vending machines would be required to accept crypto payments for the Capitol complex in Washington DC.
This is not the first time that Cruz has supported crypto in the Capitol, previously pushing for crypto payments be accepted within Capitol buildings in November last year.
Cruz has also been vocal about expanding the crypto-mining industry in his home state, Texas, claiming his vision to make the state an “oasis on planet Earth for Bitcoin and crypto”.
Cruz took to Twitter in August last year after visiting a mining facility to say: “Today I had the pleasure of touring the largest Bitcoin mining facility in North America in Rockdale.
“I am proud to lead the fight for the crypto industry in the state. Texas will continue to be the center for crypto innovation.”
Earlier this month, a Subcommittee on Digital Assets, Financial Technology and Inclusion was created as a subsection of the House Financial Services Committee with its main goal to “clear rules of the road among federal regulators”.
When Congressman Patrick McHenry was appointed as chairman of the House Financial Services Committee last month, he said his central focus would be developing a “comprehensive regulatory framework for the digital asset ecosystem”.
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