Crypto community ‘very sorry’ over Senator Lummis' reelection decision

The crypto manufacture has rallied successful enactment of pro-crypto US Senator Cynthia Lummis aft she announced she volition not question reelection successful 2026. 

Lummis, who is simply a vocal advocator for integer assets, played a important relation successful US crypto argumentation discussions implicit the past fewer years and earned wide respect crossed the crypto industry.

Venture superior steadfast a16z caput of authorities affairs, Collin McCune, said successful an X station connected Friday that “crypto would not beryllium wherever it is contiguous without her combat successful the Congress.” 

Lummis was a “great state connected crypto,” says David Sacks

Echoing a akin sentiment, crypto concern steadfast Multicoin wide partner, Greg Xethalis, said, “Her priorities person precocious truthful acold due to the fact that sometimes it takes a cattle rancher similar Sen Lummis to thrust bully policy.”

Source: Jayson Browder

Lummis was a vocal professional of erstwhile SEC Chair Gary Gensler’s regulation-by-enforcement attack to crypto during the Joe Biden medication and was a large advocator for the proposals of the Responsible Financial Innovation Act and the ongoing US Clarity Act, some aimed astatine providing greater regulatory clarity for integer assets.

Source: Cynthia Lummis

In her announcement connected Friday, which has amassed astir 1 cardinal views connected X, Lummis said she does not person “six much years” successful her. “I americium a devout legislator, but I consciousness similar a sprinter successful a marathon. The vigor required doesn’t lucifer up,” she said.

Support for Lummis besides came from wrong the White House. White House AI and crypto czar, David Sacks, described Lummis arsenic “a large state connected crypto,” adding that helium was “very atrocious to spot her go.”

Source: Matthew Sigel

Bitcoin advocator and Coin Stories big Natalie Brunell besides paid tribute, thanking Lummis for her “service and for helping determination the Bitcoin origin forward.” “Wishing you a fantastic adjacent chapter,” Brunnell said.

Crypto VC says “jobs not done” aft Lummis’ announcement

Despite Lummis’ determination to measurement down, manufacture participants accidental argumentation efforts are acold from over. Multicoin managing spouse Kyle Samani said, “Jobs not done. We person authorities to walk successful 2026.”

Related: US Senate confirms pro-crypto Selig to pb CFTC, Hill to caput FDIC

Lummis’ announcement came a time aft Sacks said the US Congress could determination arsenic aboriginal arsenic January connected the highly-anticipated US Clarity Act.

”We are person than ever to passing the landmark crypto marketplace operation authorities that President Trump has called for,” Sacks said connected Thursday.

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