The cryptocurrency and blockchain advocacy group Texas Blockchain Council (TBC) introduced it endorsed incumbent Ted Cruz for reelection in america Senate.
Supply: Lee Bratcher
Cruz, who has served within the US Senate since 2013, has beforehand spoken at TBC events, together with the North American Blockchain Summit — previously the Texas Blockchain Summit — about Bitcoin (BTC) mining within the Lone Star State and the advantages mining amenities may have on the state’s vitality grid. Coinbase’s Stand With Crypto political initiative rated the Texas senator as “strongly” supportive of crypto based mostly on his congressional voting file and tweets invoking digital property.
“I like Bitcoin as a result of the federal government can’t management it,” mentioned Cruz in 2022.
Cruz, a Republican, will run towards Democrat Colin Allred, Libertarian Ted Brown, and Democratic write-in candidate Tracy Andrus in November. As of July 18, an ActiVote ballot showed Cruz with an eight-point lead towards Allred.
Associated: Elon Musk says X and SpaceX headquarters will move to Texas
The political panorama in Texas could have modified after US President Joe Biden introduced he wouldn’t run for reelection. Vice President Kamala Harris accepted the Democratic nomination for US President in 2024. Polls have advised that Harris could also be leading Republican nominee Donald Trump in lots of battleground states.
As one of many largest state economies within the US, Texas is dwelling to a number of crypto-mining corporations, together with Riot Platforms and Core Scientific. In February, attorneys representing the TBC pushed back against federal government requests for knowledge assortment from miners.
