Senator Lummis decides not to seek re-election in 2026, crypto community expresses regret
Odaily reported that the cryptocurrency industry expressed regret over the announcement by US Senator Cynthia Lummis, a supporter of cryptocurrencies, that she will not seek re-election in 2026. Cynthia Lummis stated that although she is a devoted legislator, she feels she does not have the energy to sustain another six-year term. Collin McCune, Head of Government Affairs at a16z, commented that without Cynthia Lummis's efforts in Congress, the crypto industry would not have achieved its current success. David Sacks, the White House Director of AI and Cryptocurrency, described her as a great ally in the crypto field. Previously, Cynthia Lummis had vigorously promoted the "Responsible Financial Innovation Act" and the "Clarity for Digital Assets Act," aiming to provide regulatory clarity for digital assets. Kyle Samani, Managing Partner at Multicoin, stated that although Cynthia Lummis has decided to step down, policy work is not yet complete, and there is still legislation to be passed in 2026.
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