Steven Kinard, director of Bitcoin mining analytics at the Texas Blockchain Council, has declared his intent to run for a place on Texas’ House of Representatives in the 2025 elections. Throgh his July 11 announcement, the candidate indicated he aspires to push for digital freedom and create strategic investments in tech, subjects to which he first devoted his attention almost three years prior at BOK Financial.
In fact, the notion of freedom associated to digital assets has become positively decisive among numerous states in the US. Primaries elections in Texas mark one of the occurrences: the government proposed creating a crypto addendum to the universal politics known as the Bill of Rights, the same jurisdiction that noticed former organizations related to mining unable to receive certain incentives once April 2021 settled in.
This same situation could manifest federally as well, where Coinbase CEO Brian Armstrong noted his endeavors to motivate electors from all 435 districts in order to vote respective pro-crypto representatives when pieces of legislation enforcing digital financial transactions come in order. On the same plane, and possibly opposing Armstrong’s attempts, parties, such as the Federal Reserve, have the motive to create a Central Bank Digital Currency (CBDC).
Kinard swiftly opposed this notion in an interrumpted speech, warning on the potential risks incoming for digital freedom. Meanwhile, this candidate had no choice but to face up to strenuous competition, Mihaela Plesa having been an active incumbent for the Democratic portion in Texas’ representation in the House since 2023.
