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

GateNews
BTC1,66%

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.

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

Today, BTC and ETH options with a nominal value of $2.27 billion expire, and the IV index drops sharply

On April 10, 27k BTC options and 151k ETH options expired, with Put Call Ratios of 0.71 and 0.77, respectively. Bitcoin broke above $72,000 on news of a U.S.-Iran ceasefire, but the overall market is still in a correction phase, and implied volatility has fallen significantly.

GateNews14m ago

Bitcoin Gets First Working Prototype of Quantum-Resistant Wallet Rescue Tool

Olaoluwa Osuntokun of Lightning Labs has revealed a prototype for a Bitcoin wallet rescue mechanism to aid wallets at risk due to future quantum upgrades. The tool leverages zk-STARK proofs and aims to provide a fallback for BIP-86 wallets, allowing them to transition to a post-quantum environment without exposing sensitive seed information.

CryptoNewsFlash46m ago

A giant whale deploys a $53.0 million position of going long 多BTC空HYPE and shorting HYPE; as HYPE rises today, it results in a daily loss of $9.0 million.

A giant whale recently deployed large-scale hedging positions on-chain, including $30.4 million in BTC long positions and $23.2 million in HYPE short positions, for a total size of about $53 million. As HYPE rises, this portfolio faces losses, with a net loss of roughly $300k. Previously, this address profited $37.1 million across a variety of altcoins using a similar strategy.

GateNews50m ago

Bitcoin community gospel! The first quantum-resistant Bitcoin trading solution that requires no soft fork, QSB, is here

StarkWare’s Avihu Levy publicly unveils a post-quantum bitcoin trading scheme, “Quantum Safe Bitcoin (QSB),” which can fend off quantum attacks without modifying the Bitcoin protocol. QSB addresses the quantum-safety problem using a hash function; it runs within the existing framework, and each transaction requires roughly $75 to $150 in computational fees. The scheme has not yet been integrated into consumer wallets, so users should avoid reusing addresses and monitor the wallet development progress.

ChainNewsAbmedia1h ago
Comment
0/400
No comments