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Lummis Steps Down, But Crypto's Legislative Push in Washington Stays the Course
The crypto industry faces a watershed moment as U.S. Senator Cynthia Lummis announced she won’t seek reelection in 2026, choosing to leave office when her term concludes in 2027. While the Wyoming Republican cited exhaustion and workload as reasons for her departure, the decision has ignited a broader conversation: what happens to crypto policy momentum without one of the sector’s strongest advocates in Congress?
A Champion for Digital Assets Calls It Quits
Lummis has been instrumental in shaping crypto-friendly legislation over recent years. She’s championed the Responsible Financial Innovation Act and the U.S. Clarity Act—two cornerstone proposals aimed at establishing clear regulatory frameworks for digital assets. Her vocal opposition to the SEC’s “regulation-by-enforcement” approach under former Chair Gary Gensler made her a lightning rod for the industry’s frustrations with Biden-era crypto policy.
In her Friday announcement posted on X, Lummis acknowledged her limitations. “I don’t have six more years in me,” she wrote, describing herself as running a “sprinter’s pace in a marathon.” The post accumulated roughly one million views, reflecting the crypto community’s deep investment in her career trajectory.
Industry Titans Sound Off on Her Legacy
The outpouring of tributes has been swift and earnest. A16z’s Collin McCune credited Lummis with creating space for builders and innovators, suggesting the industry wouldn’t be at its current development stage without her legislative efforts. Greg Xethalis from Multicoin called her “a tremendous leader,” emphasizing her cross-sector advocacy. Matthew Sigel at VanEck also offered his respects, though keeping his remarks measured.
Bitcoin advocate Natalie Brunell thanked the Senator for her service, posting heartfelt wishes for her next chapter. These voices underscore how central Lummis has been to the crypto community’s Washington strategy.
The Policy Fight Continues—With or Without Lummis
Here’s where the narrative shifts from farewell to forward momentum. Kyle Samani at Multicoin stressed the urgency: “The job is not done.” With 2026 shaping up as a critical year for regulatory clarity, the industry remains focused on passing landmark legislation before the window closes.
White House Crypto Czar David Sacks reinforced this timeline, hinting that Congress could move on the U.S. Clarity Act as early as January. He also expressed support for Lummis, calling her a great ally while lamenting her departure. “We are closer than ever to passing the market structure legislation President Trump has called for,” Sacks noted, suggesting the administration’s crypto-friendly posture remains intact despite losing a key Senate voice.
Wyoming’s GOP Primary Could Shape Crypto’s Future
With Lummis vacating her seat, Wyoming Republicans are already jockeying for position. The deep-red state almost guarantees GOP primary winner will claim the general election. The question looms: will the next Senator from Wyoming maintain Lummis’s pro-crypto stance, or will the industry need to rebuild relationships from scratch?
The crypto community’s short-term takeaway is clear—support the remaining legislative push. The long-term calculation is murkier, hinging on who fills Lummis’s seat and how committed they’ll be to digital asset innovation.