Crypto Industry Reacts To US Sen. Lummis Stepping Down
US Senator Cynthia Lummis, a prominent supporter of digital assets and a key figure in shaping US crypto policy, has announced she will not seek reelection in 2026. Known for challenging former SEC Chair Gary Gensler’s regulatory approach and championing legislative initiatives like the Responsible Financial Innovation Act and the US Clarity Act, Lummis has earned widespread respect in the crypto industry. Leading figures from venture capital, policy, and advocacy groups praised her impact and commitment to advancing pro-crypto legislation. Despite her decision to step down, industry leaders emphasize ongoing efforts to pass major crypto regulations. Lummis cited exhaustion as her reason for leaving, stating she lacks “six more years” for another Senate term. Her departure comes as momentum builds in Congress to pass the US Clarity Act, with greater regulatory clarity for digital assets viewed as increasingly likely.
