The US Senator also presented a solution to enable payments in cryptocurrency in the complex
Texas Republican Senator Ted Cruz tabled a resolution in the Senate on Monday calling for cryptocurrency payments to be accepted in all souvenir shops, restaurants and vending machines automatically located in the Capitol complex. The resolution, titled Passing Cryptocurrency in Congress as a Payment Exchange for Transactions, or ACCEPT, also forbids the Capitol Architect – a president-appointed president who oversees the administration of the Capitol complex – from entering into contracts that allow the use of cryptocurrencies as a means of payment, as long as they are “inexpensive and customer-oriented”.
“As consumers understand and accept cryptocurrency better, merchants are increasingly accepting crypto as a payment method,” Cruz said in an interview with Breitbart News. Congress is often slow to adopt new technologies. My bill would require Congress to take the lead. “
In October, Cruz made headlines when he said wasted natural gas could be used to mine Bitcoin and power the Texas grid at the Texas Blockchain Summit. That September, Cruz turned down Biden-nominated Saule Omarova for the currency’s controller, in part on the grounds that she would overregulate crypto. Last August, Cruz introduced an amendment to the Infrastructure Act that would remove a provision requiring reporting of crypto transactions over $ 10,000.