Sen. Ted Cruz (R-TX) made a bitcoin purchase during the recent dip, according to new financial disclosures with the US Senate.
dated February 4 shows Cruz made a bitcoin purchase valued between $15,001 and $50,000. Cruz made the purchase on January 25 using River. On the day of the purchase, bitcoin price was hovering just under $37,000.Cruz has become a crypto advocate in recent months, introducing a resolution for merchants on Capitol Hill to
cryptocurrency payments and pushing for amended language to address industry concerns in the hotly-debated infrastructure bill.an amendment to remove the language in the bill aimed at tightening reporting requirements for digital asset brokers. Some crypto industry players worried the broker definition as it stands is too broad, and could encompass entities that can't feasibly report the required information.