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

GateNews
BTC4,44%

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

Solo Bitcoin Miner Hits $210K Block Reward in Rare CKpool Win

A solo Bitcoin miner using CKpool secured a rare success, solving a block and earning 3.139 BTC worth about $210,000, despite running a modest setup of 230 TH/s, which has a 1-in-28,000 chance of success daily.

CryptoNewsFlash42m ago

Former special correspondent talks in depth about the history of Bitcoin being normalized after witnessing it in the White House, and offers beginner advice

Bitcoin Magazine interviews former White House reporter Corva, sharing his experience of becoming a Bitcoin advocate and analyzing Bitcoin’s role in humanitarianism and global finance. He emphasizes that policy needs legislative support, advises beginners to use dollar-cost averaging, and encourages community involvement to expand its broader impact.

ChainNewsAbmedia1h ago

Iran Bitcoin Hashrate Drops 77% Amid Ongoing Conflict

Iran’s Bitcoin mining industry has taken a sharp hit. New data shows the country’s hashrate has dropped by 77% in just one quarter. Reports suggest Iran has lost around 7 exahashes per second. Its total hashrate now sits near 2 EH/s. Compared to past levels, when the nation had built a robust mining

Coinfomania3h ago

BTC 15-minute decline of 0.52%: Exchange inflows and whale selling converge, triggering short-term pressure

2026-04-08 14:30 to 2026-04-08 14:45(UTC), BTC spot return recorded -0.52%, with a price range of 70922.5 to 71512.2 USDT and a swing of 0.83%. During the event, market liquidity faced pressure; short-term volatility drew market attention, showing dynamic shifts between the funds side and the positions side. The main driver behind this abnormal move is the increase in exchange capital inflows and the whale’s large transfers being sold off. On-chain data shows that within 10 minutes, about 6.5 BTC were transferred into exchanges, with a clear increase, reflecting that some of the capital is accelerating the rotation between the fund side and the positions side.

GateNews3h ago

Bitcoin drops below 71,000 USDT, with a 1.29% intraday decline

Gate News message: On April 8, according to some CEX price data, Bitcoin fell below 71,000 USDT and is currently trading at 70,997.66 USDT, with a daily decline of 1.29%.

GateNews4h ago

BTC 跌破 71000 USDT

Gate News bot 消息,Gate 行情显示,BTC 跌破 71000 USDT,现价 70994.2 USDT。

CryptoRadar4h ago
Comment
0/400
No comments