The Wyoming Senate race heats up: Hageman releases a "coming soon" video, and the focus shifts to the encryption-friendly seat.

GateNewsBot
BTC-3,89%

Recently, there has been a new development in Wyoming politics. Representative Harriet Hageman posted a five-second video shortly after Senator Cynthia Lummis confirmed her resignation, featuring only the word “Soon” next to her profile picture. This move quickly broke the months-long silence on her social media account and is viewed by the outside world as a strong signal that she may run for the Wyoming Senate seat in 2026.

Lummis has long been regarded as one of the strongest supporters of cryptocurrency in the U.S. Congress. She has played a key role in advancing legislation on crypto market structure, regulatory frameworks for stablecoins, and banking access for digital asset companies, and has co-sponsored important proposals such as the Responsible Financial Innovation Act. With her impending retirement, the digital asset industry may lose a highly influential ally in the Senate.

In this context, who will succeed Loomis and become the focal point of high interest in the cryptocurrency community? The Senate will soon vote on several key cryptocurrency regulatory policies, including compliance for trading platforms, stablecoin rules, and the openness of the banking system to crypto companies. The stance of the new senator will directly impact the industry policy environment.

Hagerman's current political resume primarily focuses on traditional conservative issues, such as parental rights in education, limiting federal government power, and supporting the fossil fuel industry, while maintaining a political stance consistent with the Trump camp. Whether she will continue Lummis's proactive approach to Bitcoin and blockchain policy remains to be seen.

It is noteworthy that the Wyoming cryptocurrency community has begun to release signals of support for Hagmann. Caitlin Long, founder of Custodia Bank and an important advocate for blockchain-friendly laws in the state, publicly praised Hagmann as “upright,” which is seen as a positive endorsement of the cryptocurrency industry.

Overall, the 2026 Wyoming Senate election is not only a local political competition but will also become an important milestone to test whether the state continues to play a role as a bellwether for cryptocurrency policy in the U.S. Senate.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

HBAR Price at Critical $0.09 Level as Hedera Approaches Major Buy Wall After BTC Drops Below $65K

The Hedera price has slipped below the $0.10 mark as the broader crypto market continues to struggle. HBAR is now trading around $0.095, sitting just above a key technical support zone. Bitcoin is not helping sentiment either, with the BTC price dipping toward the $65,000 level and dragging

CaptainAltcoin28m ago

BTC drops below 65,000 USDT

Gate News bot message, Gate market display, BTC drops below 65,000 USDT, current price 64,980.1 USDT.

CryptoRadar1h ago

SIG Surpasses $1.3B in Bitcoin ETFs, GBTC Now the Core Holding

_SIG now holds over $1.3B in Bitcoin ETFs, including $1.09B in GBTC, while maintaining put positions against the Canary XRP ETF._ A new disclosure from Susquehanna International Group (SIG) shows that the firm has expanded its exposure to Bitcoin through spot ETF holdings, crossing $1.3

LiveBTCNews1h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)