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

GateNews
BTC3,53%

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

If Bitcoin drops below $65,000, the total liquidation strength of long positions on mainstream CEXs will reach 736 million.

On March 1st, BlockBeats reported that according to Coinglass data, if Bitcoin falls below $65,000, the liquidation intensity of mainstream CEX long positions will reach 736 million. If it breaks through $68,000, the short liquidation intensity will reach 512 million. The liquidation chart shows the liquidation intensity, which is not entirely related to the number and value of contracts pending liquidation.

GateNews9m ago

Bitcoin Prediction Market Trader Earns $2.3M on Polymarket in One Month

A trader has reportedly made over $2.3M in one month on Polymarket by betting on Bitcoin's price movements, controlling three wallets. This notable profit arises amid a recent Bitcoin surge to $68K, boosting investor confidence in the market.

BlockChainReporter12m ago

Bitcoin and Ethereum March historical returns: with average values of 11.28% and 17.07%, respectively

Since 2013, Bitcoin has experienced 13 "March" market movements, with 6 increases and 7 decreases, averaging a return of 11.28%. Since 2016, Ethereum has had 11 "March" market movements, with 8 increases and an average return of 17.07%.

GateNews1h ago

Exaggeration » Korean Tax Agency Press Release Reveals Mnemonic, 6.4 Billion Won in Seized Assets Emptied Overnight

The Korean National Tax Service quickly transferred approximately $4.8 million worth of crypto assets after a mnemonic phrase in a press release was not masked, leading to a security breach. This incident is the third cryptocurrency theft in South Korea within the past three months. Experts criticize this as a reflection of law enforcement's insufficient understanding of crypto asset security and emphasize that mnemonic phrases should be strictly protected to prevent asset theft.

動區BlockTempo1h ago

Trader Who Caught XRP's 700% Move Is Cautious on Bitcoin's $80,000 Resistance - U.Today

Popular trader DonAlt suggests Bitcoin could rebound to $80,000, despite not signaling a full bull market. He believes current levels offer a strong buying opportunity, as the market has dismissed negative news.

UToday1h 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)