The cryptocurrency industry is mourning the loss of its fiercest advocate on Capitol Hill after Sen. Cynthia Lummis announced Friday she would not seek reelection. Lummis, R-Wyo., said last week that the “difficult, exhausting” final weeks of this year’s Congress led her to withdraw her reelection bid, saying she’s “come to accept that I do not have six more years in me.” Lummis is chair of the Senate Banking Committee’s crypto subpanel and a reliable ally for the industry — helping muscle through the Genius Act, a first-of-its-kind bill regulating stablecoins, in July. She is currently negotiating legislation as ... (full story)