U.S. Senator Proposes The Capitol Building To Adopt Crypto Payments

U.S. Senator Ted Cruz through a resolution is proposing that Congress could show leading example in the area of cryptocurrency by having congressional cafeterias, vending machines, and gift shops accepting crypto payments.

Cruz has introduced in the Senate a resolution called “Adopting Cryptocurrency in Congress as an Exchange of Payment for Transactions Resolution,” which is also referred to as “ACCEPT Resolution.”

The resolution proposes cryptocurrency be accepted at “restaurants, vending machines, and gift shops in the Capitol Complex.”

The resolution states:

“The Architect of the Capitol, the Secretary of the Senate, and the Chief Administrative Officer of the House of Representatives shall each … 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 also to] encourage the gift shops in such Capitol Buildings to accept digital assets as payment for goods.”

Senator Crus commented that Congress could lead in the area of cryptocurrencies by adopting them as payment and increasing crypto awareness in Congress. He added:

“As consumers better understand and embrace cryptocurrency, merchants are increasingly accepting crypto as a payment method. Congress is typically slow to adopt new technology.

My bill would position Congress to lead on this issue by having congressional cafeterias, vending machines, and gift shops accept crypto payments.”