Senator Cynthia Lummis, Key Crypto Advocate in Congress, Announces Retirement for 2025

Senator Cynthia Lummis (R-WY), widely recognized as the foremost pro-cryptocurrency legislator in the U.S. Congress, has announced she will not seek re-election in 2024 and will retire from the Senate in 2025. Lummis, who co-sponsored the landmark Lummis-Gillibrand Responsible Financial Innovation Act, has been a pivotal figure in crafting regulatory frameworks for digital assets like Bitcoin (BTC) and Ethereum (ETH). Her departure raises significant questions about the future of crypto legislation and regulatory clarity in Washington D.C. The crypto industry now faces the challenge of finding new champions on Capitol Hill to advance policies supporting blockchain innovation and clear digital asset regulation.