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Senator Lummis' decision not to seek re-election in 2026 has been met with regret from the crypto community.

2025-12-21 07:07

Odaily Planet Daily reports that the cryptocurrency industry expressed regret over the announcement by pro-cryptocurrency U.S. Senator Cynthia Lummis that she will not seek re-election in 2026. Lummis stated that while she is a devout legislator, she feels she lacks the energy to sustain another six-year term. Collin McCune, head of government affairs at a16z, commented that the crypto industry would not be where it is today without Lummis's efforts in Congress. David Sacks, White House AI and Cryptocurrency Director, praised her as a great ally in the crypto space. Previously, Lummis had strongly advocated for the Responsible Finance Innovation Act and the American Clarity Act, aiming to provide regulatory clarity for digital assets. Kyle Samani, managing partner at Multicoin, stated that although Lummis has decided to leave office, policy-making is not yet complete, and legislation still needs to be passed in 2026.