The post Pro-Crypto Senator Lummis Won’t Seek Reelection in 2026 appeared on BitcoinEthereumNews.com. Wyoming Senator Cynthia Lummis, one of the most outspoken The post Pro-Crypto Senator Lummis Won’t Seek Reelection in 2026 appeared on BitcoinEthereumNews.com. Wyoming Senator Cynthia Lummis, one of the most outspoken

Pro-Crypto Senator Lummis Won’t Seek Reelection in 2026

Wyoming Senator Cynthia Lummis, one of the most outspoken advocates for digital assets in the current session of the US Congress, will leave office in 2027.

In a Friday X post, Lummis announced that she would not seek reelection to the Senate in 2026. She was elected to a six-year term and assumed office in January 2021, quickly establishing herself as a blockchain and Bitcoin-focused politician who later aligned with US President Donald Trump’s crypto agenda.

“Deciding not to run for reelection does represent a change of heart for me, but in the difficult, exhausting session weeks this fall I’ve come to accept that I do not have six more years in me,” said Lummis. “I am a devout legislator, but I feel like a sprinter in a marathon. The energy required doesn’t match up.”

Source: Cynthia Lummis

The Wyoming senator is one of the key Republicans responsible for pushing lawmakers to consider the digital asset market structure bill. The legislation, which passed the House of Representatives in July, has been debated in the Senate Banking Committee, where Lummis holds a seat, as well as the Senate Agriculture Committee. However, the bill had not been scheduled for a floor vote before the chamber broke for the holidays.

Related: Crypto CLARITY Act set for Senate markup in January, Sacks says

Cointelegraph reached out to Lummis’ office for comment, but had not received a response at the time of publication.

2026 midterms to result in another crypto-focused Congress?

With Lummis set to leave the Senate, it’s unclear at the time of publication who might take her place. All 435 seats in the House of Representatives and 33 seats in the Senate will be up for grabs in 2026, potentially allowing the Democrats to gain a majority in both chambers currently controlled by Republicans. Trump’s term ends in January 2029.

North Carolina Senator Thom Tillis reportedly expressed concern in October that pushing consideration of the market structure bill to 2026 could hamper progress due to the midterm elections.

Stand With Crypto, an advocacy organization behind rallying crypto users to vote, speculated that congressional votes for or against the market structure bill could be a deciding factor for voters next year.

Magazine: When privacy and AML laws conflict: Crypto projects’ impossible choice

Source: https://cointelegraph.com/news/cynthia-lummis-not-seeking-reelection-senate?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound

Market Opportunity
Propy Logo
Propy Price(PRO)
$0.3394
$0.3394$0.3394
+6.06%
USD
Propy (PRO) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Wormhole launches reserve tying protocol revenue to token

Wormhole launches reserve tying protocol revenue to token

The post Wormhole launches reserve tying protocol revenue to token appeared on BitcoinEthereumNews.com. Wormhole is changing how its W token works by creating a new reserve designed to hold value for the long term. Announced on Wednesday, the Wormhole Reserve will collect onchain and offchain revenues and other value generated across the protocol and its applications (including Portal) and accumulate them into W, locking the tokens within the reserve. The reserve is part of a broader update called W 2.0. Other changes include a 4% targeted base yield for tokenholders who stake and take part in governance. While staking rewards will vary, Wormhole said active users of ecosystem apps can earn boosted yields through features like Portal Earn. The team stressed that no new tokens are being minted; rewards come from existing supply and protocol revenues, keeping the cap fixed at 10 billion. Wormhole is also overhauling its token release schedule. Instead of releasing large amounts of W at once under the old “cliff” model, the network will shift to steady, bi-weekly unlocks starting October 3, 2025. The aim is to avoid sharp periods of selling pressure and create a more predictable environment for investors. Lockups for some groups, including validators and investors, will extend an additional six months, until October 2028. Core contributor tokens remain under longer contractual time locks. Wormhole launched in 2020 as a cross-chain bridge and now connects more than 40 blockchains. The W token powers governance and staking, with a capped supply of 10 billion. By redirecting fees and revenues into the new reserve, Wormhole is betting that its token can maintain value as demand for moving assets and data between chains grows. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/wormhole-launches-reserve
Share
BitcoinEthereumNews2025/09/18 01:55
Best Crypto to Buy as Saylor & Crypto Execs Meet in US Treasury Council

Best Crypto to Buy as Saylor & Crypto Execs Meet in US Treasury Council

The post Best Crypto to Buy as Saylor & Crypto Execs Meet in US Treasury Council appeared on BitcoinEthereumNews.com. Michael Saylor and a group of crypto executives met in Washington, D.C. yesterday to push for the Strategic Bitcoin Reserve Bill (the BITCOIN Act), which would see the U.S. acquire up to 1M $BTC over five years. With Bitcoin being positioned yet again as a cornerstone of national monetary policy, many investors are turning their eyes to projects that lean into this narrative – altcoins, meme coins, and presales that could ride on the same wave. Read on for three of the best crypto projects that seem especially well‐suited to benefit from this macro shift:  Bitcoin Hyper, Best Wallet Token, and Remittix. These projects stand out for having a strong use case and high adoption potential, especially given the push for a U.S. Bitcoin reserve.   Why the Bitcoin Reserve Bill Matters for Crypto Markets The strategic Bitcoin Reserve Bill could mark a turning point for the U.S. approach to digital assets. The proposal would see America build a long-term Bitcoin reserve by acquiring up to one million $BTC over five years. To make this happen, lawmakers are exploring creative funding methods such as revaluing old gold certificates. The plan also leans on confiscated Bitcoin already held by the government, worth an estimated $15–20B. This isn’t just a headline for policy wonks. It signals that Bitcoin is moving from the margins into the core of financial strategy. Industry figures like Michael Saylor, Senator Cynthia Lummis, and Marathon Digital’s Fred Thiel are all backing the bill. They see Bitcoin not just as an investment, but as a hedge against systemic risks. For the wider crypto market, this opens the door for projects tied to Bitcoin and the infrastructure that supports it. 1. Bitcoin Hyper ($HYPER) – Turning Bitcoin Into More Than Just Digital Gold The U.S. may soon treat Bitcoin as…
Share
BitcoinEthereumNews2025/09/18 00:27
Why Blazpay and TRON Are the Best Coin to Buy Now According to 2025 Predictions

Why Blazpay and TRON Are the Best Coin to Buy Now According to 2025 Predictions

Phase 5 of the Blazpay presale is live now, ending soon, and early investors are already noticing the explosive potential of this presale token. With TRON (TRX)
Share
Techbullion2025/12/20 17:12