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Crypto Community Expresses Regret Over Lummis Not Seeking Reelection, Acknowledges Contributions to Industry
Summary: The crypto community expressed regret over the decision of crypto-friendly Senator Cynthia Lummis not to seek reelection next year, acknowledging her contributions to the crypto industry. White House AI and crypto affairs chief David Sacks called Lummis a great ally in the crypto space. a16z government affairs head Collin McCune stated that without Lummis' efforts ...
The crypto community expressed regret over the decision of crypto-friendly Senator Cynthia Lummis not to seek reelection next year, acknowledging her contributions to the crypto industry. White House AI and crypto affairs chief David Sacks called Lummis a great ally in the crypto space. a16z government affairs head Collin McCune stated that without Lummis' efforts in Congress, the crypto industry would not have developed to its current extent. Bitcoin advocate and host of 'Coin Stories' Greg Xethalis thanked Lummis for her service and efforts in advancing the Bitcoin cause, wishing her well in her next chapter. Cynthia Lummis announced on Friday that she will not seek reelection next year. As chair of the US Senate Banking Committee's Digital Assets Subcommittee, she introduced the 'Bitcoin Strategic Reserve Act,' and was a key advocate for the 'CLARITY Act' (Crypto Market Structure Act) and the 'Financial Innovation Responsibility Act.' During the Biden administration, Cynthia Lummis openly criticized former SEC Chairman Gary Gensler's punitive enforcement approach towards cryptocurrencies.
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Link: Crypto Community Expresses Regret Over Lummis Not Seeking Reelection, Acknowledges Contributions to Industry [Copy]
