US Senator Ted Cruz wants lawmakers in Washington D.C. to be able to purchase their vending-machine snacks using crypto assets.
Cruz submitted a resolution earlier this week that would require the Senate and the House of Representatives to only work with food service and vending machine contractors that accept cryptocurrencies.
The resolution would apply to contractors interested in providing food services for the Capitol Complex.
The resolution would also officially “encourage the gift shops in such Capitol Buildings to accept digital assets as payment for goods.”
Says Cruz in a press release,
“Cryptocurrency is generating new jobs, encouraging entrepreneurs to invent new values and creating new hedges against inflation, and presenting new opportunities. It is also increasingly being used as a secure form of payment for goods and services. This is precisely why we, here at the United States Capitol, should increase accessibility and signal our support for the burgeoning cryptocurrency industry to those who visit Capitol Hill.”
The resolution was referred to the Senate Committee on Rules and Administration.
It wasn’t the only crypto legislation to bubble up in the United States this week. In the New York State Assembly, Democrat Clyde Vanel introduced a bill that would allow state agencies to accept digital asset payments.Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Follow us on Twitter, Facebook and Telegram
Surf The Daily Hodl Mix
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 loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated Image: Midjourney
Featured Image: Shutterstock/Andy Chipus