U.S. Senator Ted Cruz ‘Champions’ Cryptocurrency With the Reintroduction of the ACCEPT Resolution

January 29, 2023 – WASHINGTON, D.C. – U.S. Sen. Ted Cruz (R-Texas) has reintroduced the Adopting Cryptocurrency in Congress as an Alternate of Cost for Transactions Decision, often known as the ACCEPT Decision.

Sen. Cruz mentioned:

“Cryptocurrency is producing new jobs, encouraging entrepreneurs to invent new values and creating new hedges in opposition to inflation, and presenting new alternatives. Additionally it is more and more getting used as a safe type of cost for items and companies. That is exactly why we, right here at the US Capitol, ought to improve accessibility and sign our help for the burgeoning cryptocurrency trade to those that go to Capitol Hill.”

Background: 

Sen. Cruz’s decision would require the Architect of the Capitol, the Secretary of the Senate, and the Chief Administrative Officer of the Home of Representatives to encourage Capitol reward retailers to settle for cryptocurrency as a type of cost and to enter into contracts with distributors who settle for cryptocurrency as cost for meals service and in merchandising machines throughout the Capitol advanced.  An added benefit of utilizing cryptocurrency as a type of cost within the Capitol is that it will present international vacationers who go to our nation’s capital every year with a protected and safe cost possibility with out the necessity to pay pointless and infrequently pricey forex alternate charges.
Supply: Senator Ted Cruz