The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

US Senator To Propose Bill To Accelerate Crypto Adoption: Report

by Daily Hodl Staff
November 4, 2021
in Bitcoin, Blockchain, Regulators

US Senator Ted Cruz (R-TX) is pushing to promote crypto awareness and widespread acceptance of digital assets with a new resolution.

The legislator submitted the Adopting Cryptocurrency in Congress as an Exchange of Payment for Transactions (ACCEPT) resolution on Monday, proposing that administrative managers on Capitol Hill engage the services of merchants that accept cryptocurrencies as payment.

[adinserter block="1"]

The concurrent resolution also aims to support digital currency payments in congressional gift shops.

“The Architect of the Capitol, the Secretary of the Senate, and the Chief Administrative Officer of the House of Representatives shall each, for the Capitol Buildings that are under their jurisdiction— 

(1) subject to subsection (c), solicit and enter into contracts to provide food service and vending machines in such Capitol Buildings with persons that will accept digital assets as payment for goods; and 

(2) encourage the gift shops in such Capitol Buildings to accept digital assets as payment for goods.”

Despite pushing for crypto-supporting merchants, the resolution says priority will still be given to cost-effective businesses offering the most value to customers.

Cruz submits his proposal as consumers embrace digital assets and a growing number of merchants begin to accept crypto payments nationwide.

Senator Cruz has been at the forefront of cryptocurrency adoption among US legislators, even suggesting last month that his native state of Texas should utilize natural gas flares for Bitcoin (BTC) mining. His comments earned praise from Coin Metrics co-founder Nic Carter, who said that Cruz’s ideas were “absolutely right.”

Follow us on X, Facebook and Telegram

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Surf The Daily Hodl Mix

[adinserter block="1"]
 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/IgorZh/WindAwake

Submit a Press Release

Industry Announcements

  • Toss Brings 30 Million Users Into the AI Data Economy in Partnership With Poseidon
    June 26, 2026
  • The DATA Foundation Launches to Tackle AI’s Multi-Billion Dollar Training Data Bottleneck
    June 25, 2026
  • Solstice and Tensorx to Buy $1 Billion in AI Infrastructure to Support EU Sovereign AI Demand
    June 25, 2026
  • Request Network Introduces One-Click Cross-Chain Mass Payouts and Expands Wallet Screening With Merkle Science
    June 25, 2026
  • Sui News – Cumberland, Fluid and SwissBorg Join Institutional Coalition on Hashi Ahead of July Global Testnet
    June 23, 2026
  • Bitcoin Suisse Receives MiCAR License and Launches European Expansion
    June 23, 2026
  • MyTonWallet Rebrands to My Wallet After Expanding to 11 Blockchains
    June 23, 2026
Submit a Guest Post
ADVERTISEMENT

Spotlight

  • Capital One, Discover Bank and Broadway Bank Sued, Accused of Failing To Stop $995,170 Scam: Report
    June 25, 2026
  • CryptoQuant CEO Says Michael Saylor’s Strategy May Be Preventing Stronger Bitcoin Recovery Through Continuous Buying – Here’s How
    June 25, 2026
  • ‘Unauthorized Actor’ Breaches Healthcare Tech Firm – Personal and Medical Data of 1,396,519 Americans Now at Risk
    June 25, 2026
  • DOJ Seizes Huione Group Cloud Infrastructure in Major Crypto Laundering Crackdown
    June 26, 2026
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl