Does Ted Cruz Support Crypto?

Based on previous comments, Ted Cruz has indicated they are very pro-cryptocurrency. Below you can view the tweets, quotes, and other commentary Ted Cruz has made about Bitcoin, Ethereum, and cryptocurrency innovation.

Profile picture of Ted Cruz
Ted Cruz
@SenTedCruz
I want Texas to be an oasis for Bitcoin and cryptocurrency in general. We need to see miners and crypto innovators coming to the Lone Star State — this will create jobs for the people of our state. pic.x.com/SNWZhVIjLe
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· via Twitter
@DTSIBot
submitted some AI-generated analysis

Sen. Ted Cruz (R-TX) is one of the most outspoken Bitcoin maximalists in the Senate, and his actions have consistently reflected his pro-crypto stance. This tweet, where he reiterates his desire for Texas to become a haven for Bitcoin and cryptocurrency, further solidifies his position. His 100 rating on DoTheySupportIt reflects his unwavering support for the industry. Cruz's focus on attracting miners to Texas is particularly noteworthy. Texas has abundant energy resources, including a significant amount of renewable energy, which can be leveraged to power Bitcoin mining operations. By advocating for miners to set up shop in Texas, Cruz is not only promoting job creation but also potentially contributing to a more sustainable Bitcoin mining ecosystem. This is a win-win scenario for both the state and the crypto industry. His support extends beyond just Bitcoin mining. He has been a vocal advocate for sensible crypto regulation, often speaking out against measures he believes are harmful to innovation. He has also championed the use of Bitcoin as a payment method, even using it to purchase goods and services himself. Cruz's commitment to making Texas a crypto-friendly state is a positive sign for the industry. His influence and advocacy can help shape a regulatory environment that fosters innovation and attracts investment, ultimately benefiting both Texas and the broader crypto community. His actions speak louder than words, and his consistent support for crypto earns him his perfect score on DoTheySupportIt.
Voted for a bill on May 16th, 2024
Bill Name
SAB 121 House Joint Resolution

Details
For congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Securities and Exchange Commission relating to "Staff Accounting Bulletin No. 121". This staff accounting bulletin expresses the views of the staff regarding the accounting for obligations to safeguard crypto-assets an entity holds for platform users.
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Profile picture of Ted Cruz
Ted Cruz
@SenTedCruz
Texas is a hub for jobs, innovation, and freedom, making it an economic oasis for cryptocurrency. It was great to sit down with industry leaders from across the Lone Star State to discuss the issues impacting the cryptocurrency industry, combating misguided government rx.com/i/web/status/1…npic.x.com/9PE2OIj45Ne this important issue. I will continue to champion cryptocurrency because of the potential to generate new jobs, encourage entrepreneurship, and promote freedom in Texas and across the country.
tweet image
· via Twitter
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Profile picture of Ted Cruz
Ted Cruz
@SenTedCruz
#Bitcoin and cryptocurrencies are good. Central Bank Digital Currencies are bad. Liberals and the CCP hate crypto because they can’t control it—it’s decentralized. A CBDC is run by a state’s central bank and it can monitor every transaction you make. The CBDC is an assault on our liberty, privacy, and freedom. That’s why I introduced a bill to block the US from creating one. cato.org/blog/cbdc-vs-c…
· via Twitter
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