Texas Blockchain Council Endorses Ted Cruz for Senate!
The Texas Blockchain Council (TBC), a leading cryptocurrency and blockchain advocacy group, has officially endorsed Ted Cruz for reelection to the U.S. Senate. The endorsement was announced on August 12, 2024, during an event at a Core Scientific mining facility in Denton, Texas, where Cruz addressed the crowd. TBC President Lee Bratcher praised Cruzâs understanding of Bitcoin, highlighting its role in promoting freedom and stabilizing the energy grid, according to Cointelegraph.
Cruz, a strong supporter of cryptocurrency, has frequently spoken at TBC events, emphasizing the benefits of Bitcoin mining for Texasâs economy and energy infrastructure. His stance on digital assets has earned him a âstrongly supportiveâ rating from Coinbaseâs Stand With Crypto political initiative, reflecting his favorable voting record and public statements on the matter.
Cruz is seeking reelection in November 2024, facing opponents including Democrat Colin Allred and Libertarian Ted Brown. Current polls show Cruz holding an eight-point lead over Allred.Texas, a major hub for cryptocurrency mining, hosts several large operations, including Riot Platforms and Core Scientific.
The stateâs political landscape has become increasingly important in the broader context of U.S. crypto regulation and energy policy, with Cruz positioned as a key advocate for the industry.
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