US Senator Ted Cruz: ‘I Like BTC for the Same Reason the Chinese Communist Govt Doesn’t Like BTC’

United States Senator Ted Cruz has said he remains “incredibly bullish on bitcoin” which he described as the “alpha in the crypto sphere.” According to Cruz, people are attracted to bitcoin because they see it as a hedge against inflation and also as an “important check” against government spending. Bitcoin Is Still the ‘Most Dominant’ […]

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US Senator Introduces Bill to Ban Direct-to-Consumer Central Bank Digital Currency

US Senator Introduces Bill to Prohibit the Fed From Developing Direct-to-Consumer Central Bank Digital CurrencyU.S. Senator Ted Cruz has introduced “legislation to prohibit the Federal Reserve from developing a direct-to-consumer” central bank digital currency (CBDC). The lawmaker warned that it “could be used as a financial surveillance tool by the federal government.” Another senator stressed: “The American people ought to be able to spend their money how they choose […]

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US Senator Cruz Introduces Bill to Prevent Federal Reserve From Using Digital Currency as Surveillance Tool

US Senator Cruz Introduces Bill to Prevent Federal Reserve From Using Digital Currency as Surveillance ToolU.S. Senator Ted Cruz has introduced legislation to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC) directly to individuals and competing with the private sector. The senator from Texas warned that not only would this CBDC model centralize financial information, leaving it vulnerable to attack, but it could also be used […]

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US Senator Urges Regulators to Increase Scrutiny on Crypto as It Risks Undermining Sanctions Against Russia

US Senator Urges Regulators to Increase Scrutiny on Crypto as It Risks Undermining Sanctions Against RussiaU.S. Senator Elizabeth Warren is worried that “cryptocurrencies risk undermining sanctions against Russia.” She urges financial regulators “to take this threat seriously and increase their scrutiny of digital assets.” Senator Elizabeth Warren Worried Russia Could Use Cryptocurrency to Evade Sanctions As governments worldwide are placing sanctions on Russia following its invasion of Ukraine, U.S. Senator […]

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US Senator Says He’s Bullish on Bitcoin Because It’s Decentralized, Uncontrollable

US Senator Ted Cruz Says He's Bullish on Bitcoin Because It's Decentralized and UncontrollableU.S. Senator Ted Cruz says one of the reasons he is so bullish on bitcoin is because it is decentralized and not controllable. He added that “China recently banned bitcoin because they can’t control it, which is the exact same reason Elizabeth Warren hates bitcoin.” US Senator Bullish on Bitcoin U.S. Senator Ted Cruz from […]

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US Senator Ted Cruz Bought the Bitcoin Dip, Discloses BTC Purchase Worth up to $50K

US Senator Ted Cruz Bought the Bitcoin Dip, Discloses BTC Purchase Worth up to $50KU.S. Senator Ted Cruz has declared his bitcoin purchase worth up to $50,000. “I’m also particularly proud that my home state, Texas, is becoming an oasis for the blockchain community, for bitcoin miners, for innovators and entrepreneurs in the crypto world,” said the senator. Senator Ted Cruz Declares Bitcoin Purchase U.S. Senator Ted Cruz has […]

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US Senator Introduces Legislation to Repeal Infrastructure Bill’s Attack on Crypto Industry

US Senator Introduces Legislation to Repeal Infrastructure Bill’s Attack on Crypto IndustryU.S. Senator Ted Cruz has introduced a bill to repeal the $1 trillion infrastructure package’s crypto provision, which he said is a “devastating attack” on the crypto industry. “I urge my colleagues in the Senate to repeal this harmful language that will create regulatory uncertainty and in turn an unnecessary barrier to innovation,” he said. […]

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US Senator Proposes Congress Adopt Cryptocurrency for Payments

US Senator Ted Cruz Proposes Congress Adopts Cryptocurrency for PaymentsU.S. Senator Ted Cruz has introduced a resolution that would position Congress to lead in the area of cryptocurrency by having congressional cafeterias, vending machines, and gift shops accept crypto payments. “Congress is typically slow to adopt new technology,” he said. Senator Pushes for Crypto Adoption in Congress U.S. Senator Ted Cruz has introduced a […]

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$1.2 Trillion Infrastructure Bill Passes Senate With Troubling Crypto Requirements

$1.2 Trillion Infrastructure Bill Passes Senate With Troubling Crypto RequirementsThe U.S. Senate has passed the $1.2 trillion infrastructure bill with a crypto reporting requirement provision that has been described as “unworkable.” Senator Ted Cruz warned: “This infrastructure bill has in it a portion that is designed to obliterate crypto. That would be a tragic mistake.” Senate Passes Infrastructure Bill With ‘Unworkable’ Crypto Tax Provision […]

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