Cryptocurrency Analysis and News Portal
Roughly 100 people answered the call from the crypto advocacy groups Chamber of Digital Commerce, Satoshi Action Fund, and Texas Blockchain Council to show Texas lawmakers they were against legislation targeting crypto mining firms.Gathering at the Texas Capitol in Austin on April 25, crypto enthusiasts, state lawmakers, industry leaders, and
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A U.S. lawmaker has introduced a resolution that encourages Capitol gift shops to accept cryptocurrency payments. He stressed that lawmakers “should increase accessibility and signal our support for the burgeoning cryptocurrency industry to those who visit Capitol Hill.” US Senator Advocates Crypto Payments U.S. Senator Ted Cruz (R-TX) announced Thursday that he
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Before his latest move to push for crypto payments at Capitol Hill, Cruz has always supported crypto assets.US Senator Ted Cruz is advocating for accepting crypto payments at Capitol Hill. His proposal, submitted on the 25th of January, requires Capitol Hill vendors to accept crypto payments. The Texas lawmaker introduced
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But when it comes to actually introducing legislation that would move the needle on crypto regulation, Cruz is lagging behind other senators including Debbie Stabenow (D-Mich.), John Boozman (R-Ark.), Kirsten Gillibrand (D-N.Y.) and Cynthia Lummis (R-Wyo.) – all of whom have worked on major crypto-related bills. Original Source
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U.S. Rep. Jim Himes says that following the collapse of FTX, lawmakers have their “shields up." Source
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Shirzad said there is “little dispute about the importance of having regulation,” both from progressive and conservative lawmakers, but the issue of which U.S. agency should be charged with regulating the cash market, and having oversight over crypto exchanges, including Coinbase (COIN), is still up in the air. In the
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