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US senator reveals investment in bitcoin

by Vaibhav
February 5, 2022
in News
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US senator reveals investment in bitcoin
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A new financial declaration was published by Republican Senator from Texas (USA) Ted Cruz. It reflected the acquisition of the first cryptocurrency on January 25, 2022.

Based on the information in the reporting, he invested in bitcoin from $15,001 to $50,000 using River. At the time of the purchase of the cryptocurrency, the asset was at the level of $36,000–$37,000 (data CoinGecko).

See also  Weekly: Bitzlato is a scam, Genesis files for bankruptcy, Coindesk is for sale, and...

Bitcoin is currently trading at $41,455.

Remember, Cruz proposed to use the energy generated during the extraction of oil and gas for bitcoin mining in October 2021. He is sure that this will help the environment, and the initiative can be expanded to the whole world.

Also during the review of the infrastructure plan in 2021, Cruz supported the crypto industry and proposed repeal of a provision aimed at tightening reporting requirements for “brokers” in the digital asset industry:

The Lone Star State has quickly emerged as the main hub for the cryptocurrency industry, and that exciting industry is now in danger of being stifled and driven overseas by an overreaching provision in this newly-signed, reckless spending package. 1/3https://t.co/Qu1QR63uFp

— Senator Ted Cruz (@SenTedCruz) November 16, 2021

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