THELOGICALINDIAN - Per a address by Breitbart News US Senator Ted Cruz RTX has alien a resolution that could accompany Bitcoin appropriate to Congress The government official proposed legislation on November 1st for the academy to access its acquaintance and captivation with agenda assets
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According to the report, Cruz proposed an Barter of Payment for Transactions resolution. If approved, 3 key departments aural the U.S. Congress would accept to accept Bitcoin (BTC) as a average of exchange.
The offices of the Architect of the Capitol, the Secretary of the Senate, and the Chief Administrative Officer of the House of Representatives would charge to accede with the legislation. This agency that they would accept to access deals with aliment casework and automat machines providers able of demography Bitcoin as payment.
In addition, the aldermanic allowance shops would charge to set up a Bitcoin and crypto-friendly analysis out to be able of acknowledging with the legislation proposed by Cruz. The Senator has appear up as a Bitcoin supporter, abnormally in 2024.
While some of his colleagues approved to absolute the crypto industry via the basement bill, Cruz about apparent the proposed legislation as an “attack on crypto”. After the bill was anesthetized on the Senate floor, Cruz commented:
Thus, abounding aural the amplitude acquainted like Cruz accurate the accepted sentiment. Since that moment, the Senator has been added accessible on his pro-Bitcoin attitude calling the cryptocurrency a abeyant band-aid to advice Texas advance its electrical grid.
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Everything Is Bigger In Texas Including Bitcoin
As Bitcoinist reported, Texas is one of the U.S. states with growing Bitcoin adoption. Together with Florida, it could potentially become a BTC Hub in the country with their affable legislation, decidedly appear the BTC mining sector.
Expanding on his proposal, Senator Cruz told to Breibart News that he wants to accomplish the U.S. Congress a arch academy in agreement of Bitcoin and crypto adoption. The government official said:
As of columnist time, Bitcoin trades at $63,324 with a 3.94% accumulation in the circadian chart.
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