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Pro-Crypto Senator Cynthia Lummis Won’t Run for Re-Election

BeInCrypto
Pro-crypto Senator Cynthia Lummis announced she will not seek re-election in 2026, creating a two-year push to codify digital asset laws.

Summary

US Senator Cynthia Lummis, the Senate's most prominent cryptocurrency advocate, announced on December 19 that she will not run for re-election in 2026, setting a deadline for her legislative agenda before she leaves office in January 2027. Lummis cited the exhausting pace of recent sessions as the reason for her decision. Her impending retirement adds urgency to codifying crypto laws, as she has championed key legislation like the crypto market structure bill and the US National Bitcoin Strategic Reserve (SBR), while opposing the SEC's "regulation by enforcement" approach. Lummis believes durable progress requires legislative codification over policy set by executive order, and she intends to focus her final term on turning executive actions into permanent law. Industry leaders, including Collin McCune of a16z and Arjun Sethi of Kraken, praised her long-term, technically informed advocacy for digital assets.

(Source:BeInCrypto)