Senator Lummis, Crypto Champion, Won't Seek Re-Election

Senator Cynthia Lummis, a key ally for the cryptocurrency sector, announces she wont seek re-election, leaving a void in crypto-friendly legislation. Despite her departure, her Republican seat in Wyoming is expected to remain in Republican hands. Lummis, who served as the first chair of a crypto subcommittee, has been instrumental in bringing digital asset topics to the forefront of legislative discussions. Her efforts include introducing bills to make cryptocurrency more regulatorily accepted and government-supported. Crypto advocates express disappointment at her departure, praising her as a leading champion for digital assets in Washington.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.