December 19, 2025
Crypto's closest ally in Congress, Sen. Lummis, is retiring next year thumbnail
Business

Crypto’s closest ally in Congress, Sen. Lummis, is retiring next year

The most tireless advocate of digital asset issues in the US Senate said she’s grown too tired to keep at it, leaving her Republican seat in play next year.”, — write: www.coindesk.com

The most tireless advocate of digital asset issues in the US Senate said she’s grown too tired to keep at it, leaving her Republican seat in play next year. Updated Dec 19, 2025, 10:04 pm Published Dec 19, 2025, 9:25 pm

US Senator Cynthia Lummis, who has arguably been the closest friend to the crypto sector in Congress, won’t seek another term, she said in a statement on Friday.

The first-term lawmaker will call it quits after her six-year term ends in January 2027, leaving a Republican seat open in extremely red Wyoming, but also removing a major ally for the digital assets industry. Lummis has been the inaugural chair of the first subcommittee dedicated to crypto matters at the US Banking Committee, where she pushed crypto-friendly legislation as a top priority.

Even now, she’s among the leading negotiators for the crypto market structure bill, which will draw members back to the bargaining table after the holiday break. She’ll still be there in what may be a final push for the industry’s top legislative goal in 2026.

“Deciding not to run for re-election does represent a change of heart for me, but in the difficult, exhausting session weeks this fall I’ve come to accept that I do not have six more years in me,” Lummis said in the statement, released as the chamber abandoned Washington for the break. She equated herself with a sprinter who has been running in a marathon. “The energy required doesn’t match up,” she said.

Over and over, Lummis has introduced bills meant to ease a path toward regulatory acceptance and the government’s embrace of crypto. Those have included broad market structure efforts, crypto tax proposals and the legislation to establish the government’s bitcoin stockpile.

Although the congressional midterm elections in 2026 will be a high-stakes political battlefield in which the party majorities in both chambers will be on the line, the last time a Democrat held a Senate seat in Wyoming was in the 1970s. In Lummis’ 2020 campaign, she took almost 73% of the vote.

“I am honored to have earned the support of President Trump and to have the opportunity to work side by side with him to fight for the people of Wyoming,” Lummis said in her statement. She said she’ll be “throwing all my energy into bringing important legislation to his desk in 2026 and into retaining commonsense Republican control of the US Senate.”

Crypto advocates are already lamenting her departure. Ji Kim, CEO of the Crypto Council for Innovation, called her a “leading champion for digital assets in Washington.”

“Her deep understanding and conviction have helped elevate digital assets policy and strengthen US innovation and leadership,” Kim said in a statement on Friday.

Read More: Key US Senator on Crypto Bill, Lummis, Negotiating Dicey Points With White House

UPDATE (December 19, 2025, 22:04 UTC): Adds comment from CCI’s CEO.

More For You

Protocol Research: GoPlus Security

GP Basic Image

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence’s Token Security API averaged 717 million monthly calls year-to-date in 2025, with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch, the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B, while derivatives volume peaked the same month at over $4B.

View Full Report

More For You

SBF’s cohorts at FTX take last SEC hit, Ellison banned from company roles for decade

Caroline Ellison exits a Manhattan courthouse after being sentenced to two years in prison on Sept. 24, 2024. (Victor Chen/CoinDesk)

Three of Sam Bankman-Fried’s top lieutenants atop the former FTX empire — Caroline Ellison, Gary Wang and Nishad Singh — agreed to consent judgments.

What to know:

  • The US Securities and Exchange Commission said it has resolved its cases against three of the top figures in the FTX collapse, including Alameda Reserve CEO Caroline Ellison.
  • The former FTX executives will face certain limits on their professional lives under the agreements, assuming they’re approved in court.

Read full story

Related posts

Polkadot’s DOT Slips 2% on above average volume

unian ua

Latest bitcoin bull turns bear, Fidelity director warns of year-long crypto winter

unian ua

Exodus joins stablecoin race with MoonPay-backed digital dollar

unian ua

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More