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Crypto Community Backs Senator Lummis After Retirement Announcement

Crypto Community Backs Senator Lummis After Retirement Announcement

Author:

Global Cryptocurrency

Published:

2025-12-21 08:03:02

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BTCCSquare news:

Senator Cynthia Lummis, a pivotal figure in crypto legislation, announced her retirement effective 2027, citing exhaustion from her workload. The decision initially drew criticism from the crypto community, which had viewed her as a key ally in Congress.

Industry leaders quickly rallied in support. Collin McCune of a16z credited Lummis for creating regulatory space for innovators, stating crypto 'would not be where it is today' without her advocacy. Multicoin's Greg Xethalis praised her cross-sector leadership, noting her policy victories required the tenacity of a 'cattle rancher.' VanEck's Matthew Sigel echoed these sentiments, though his full remarks were truncated in the source material.

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