U.S. Senator Cynthia Lummis announced that she will not seek re-election, a decision that has caused repercussions in the crypto industry. Lummis has long been seen as a point person in support of bitcoin and crypto assets on the Congressional agenda. Many in the industry expressed their gratitude and believed that her policy promotion had a positive impact on the development of the industry:
Collin McCune (Head of Government Affairs at a16z): Without Lummis' struggles in Congress, the crypto industry could not have grown to where it is today.
David Sacks (White House Director of AI and Crypto Affairs/Crypto Czar): Called Lummis a'great ally in the crypto space 'and expressed'great regret' for her departure.
Greg Xethalis (Partner at Multicoin Capital): Commends Cynthia Lummis for taking her priorities very far.
Kyle Samani (Partner at Multicoin Capital): 'The work is not over, we still have legislation to pass in 2026'.
Natalie Brunell (Bitcoin evangelist and host of Coin Stories): Thank you to Lummis for her'service and efforts to advance the Bitcoin cause 'and wish her the best for the next chapter.
Previously, it was reported that U.S. Senator Cynthia Lummis, whose term will end in January 2027, announced that she would not seek re-election.
The crypto industry has responded intensively to US Senator Cynthia Lummis not being re-elected
2025-12-21 07:00:26
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