Crypto Industry Backs Cynthia Lummis as Pro-Bitcoin Senator Exits 2026 Race
Her legislative work included the Responsible Financial Innovation Act and efforts to reduce tax burdens on small crypto purchases.
Industry leaders and officials credited her with successfully pushing for clearer regulatory frameworks and challenging aggressive SEC enforcement.
It appears US Senator Cynthia Lummis won’t seek reelection in 2026, and the crypto industry has reacted to her decision, praising her role as one of Washington’s most visible advocates for digital assets.
Lummis has been regarded as a prominent voice in US crypto policy debates since 2020. Recently, Lummis proposed a new legislation that would modernise the Internal Revenue Code of 1986 to ease the compliance burden on everyday users making low-value purchases.
This and other key initiatives have made industry figures credit her with pushing the discussion toward clearer crypto rules. For instance, a16z’s head of government affairs, Collin McCune, said in an X post on Friday that the sector’s current position in Congress reflects her work.
Senator Lummis fought for Wyoming every day for many years. Beyond that, her leadership created space for innovators and builders across the country. Crypto would not be where it is today without her fight in the Congress. Thank you, Senator. @SenLummis https://t.co/354xg4eFHH
— Collin McCune (@Collin_McCune) December 19, 2025
Thank You and Goodbye!
Multicoin general partner Greg Xethalis also highlighted her influence, pointing to her persistence in driving policy priorities.
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During the Biden administration, Lummis was a vocal critic of former SEC Chair Gary Gensler’s approach to crypto enforcement. She backed proposals including the Responsible Financial Innovation Act and the ongoing US Clarity Act, both aimed at defining regulatory responsibilities and reducing uncertainty for digital assets.
In her announcement on Friday, which drew nearly 1 million views on X, Lummis said she did not have another six-year term in her, describing herself as “a sprinter in a marathon.” White House AI and crypto czar David Sacks called her a key ally on crypto and said he was sorry to see her leave.
Senator Lummis has been a great ally on crypto — very sorry to see her go! https://t.co/5zuTpJNdA1
— David Sacks (@DavidSacks) December 19, 2025
Bitcoin advocate and Coin Stories host Natalie Brunell also thanked Lummis for helping advance Bitcoin-related policy efforts.
Related: Crypto Market Structure Bill Gains Momentum as Senate Push Accelerates
The post Crypto Industry Backs Cynthia Lummis as Pro-Bitcoin Senator Exits 2026 Race appeared first on Crypto News Australia.
Filed under: Bitcoin - @ December 22, 2025 3:42 am