The crypto industry shows support for US Senator Cynthia Lummis as she announces she won’t seek reelection in 2026. Lummis played a key role in US crypto policy discussions. Advocates like Venture Capital firm a16z praise her for advancing crypto priorities. Lummis criticized SEC Chair Gensler’s approach to crypto regulation.
Despite Lummis stepping down, industry participants say policy efforts continue. Multicoin managing partner Kyle Samani emphasizes that there is still legislation to pass in 2026. White House AI and crypto czar David Sacks expresses regret over Lummis’ departure. The US Clarity Act may move forward in January.
Read more at CoinTelegraph: Crypto Industry Reacts To US Sen. Lummis Stepping Down
