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

GateNews
BTC-1%

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

Crypto Market News Today: Bitcoin Sparks FOMO After Crossing $70k While Avalanche Gears For Recovery But DeepSnitch AI Clears Doubt With Potential 500x Returns As Presale Ends March 31

According to the latest crypto market updates, there is a lot of excitement in the crypto space as Bitcoin reclaims the $70,000 level. Social media is also reacting to this latest rally, which came in response to US President Donald Trump’s comments that the war tensions with Iran are about to

CaptainAltcoin1m ago

Bitcoin-to-Gold Ratio Shows Bullish Divergence, Bitcoin ETF Net Inflows of $906 Million Over the Past Month

On March 12, Bitcoin's ratio against gold displayed bullish divergence, indicating weakened selling pressure and potentially serving as a reference point for Bitcoin's long-term trend bottom. Bitcoin ETF net inflows reached approximately $906 million, while gold ETF experienced single-day outflows of $3 billion, forming a notable divergence. Despite ETF trading volume being lower than US equities, there remains significant room for institutional capital entry. Historically, Bitcoin has often rebounded following geopolitical turmoil.

GateNews1m ago

Tether Builds Internal Bitcoin-Specific Dashboard Covering On-Chain Users, Balances, and Transactions

Tether CEO Paolo Ardoino announced that the company has established an internal Bitcoin dedicated dashboard to support global Bitcoin adoption and education. The dashboard displays data on Bitcoin users, balances, and transactions, with currently 4.7 million monthly active users and total assets of approximately 1.6 trillion dollars.

GateNews10m ago

S&P Global Finds Bitcoin’s Evolving Role in Markets

Editor’s note: S&P Global today releases Bitcoin volatility and market dynamics findings, highlighting Bitcoin’s shift from a niche asset to a market-connected instrument. The full report, Bitcoin Volatility Trends: A Deep Dive into Market Dynamics and Risk, examines price patterns, volatility, and

CryptoBreaking11m ago

Over the past 24 hours, the entire network has liquidated $174 million, with both long and short positions blown out.

Over the past 24 hours, the total liquidation amount in the cryptocurrency market reached $174 million, involving long positions of $92.23 million and short positions of $81.54 million. BTC and ETH saw liquidations of $60.80 million and $47.73 million respectively, with a total of 75,190 traders liquidated. The largest single liquidation was $4.24 million.

GateNews15m ago
Comment
0/400
No comments