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

The crypto industry reacted with regret and praise following US Senator Cynthia Lummis' announcement that she will not run for reelection in 2026. Industry leaders, including Collin McCune of a16z and Greg Xethalis of Multicoin, credited Lummis with significantly advancing the position of crypto in US policy discussions, noting that the industry would not be as advanced without her efforts. Lummis, a vocal critic of the SEC's enforcement approach, championed legislation like the Responsible Financial Innovation Act and the US Clarity Act. She explained her departure by stating she lacked the energy for another six years, feeling like a "sprinter in a marathon." White House AI and crypto czar David Sacks also called her a "great ally." Despite her departure, industry figures like Kyle Samani emphasized that policy work, such as passing legislation in 2026, remains unfinished.

(Source：Cointelegraph)