U.S. Senator Cynthia Lummis announced she will not seek re-election, with her term ending in January 2027. As chair of the Senate Banking Committee's Digital Assets Subcommittee, she has been actively involved in legislative work on crypto regulation at the congressional level and has collaborated with Kirsten Gillibrand to promote the establishment of a digital asset regulatory framework, clarifying the regulatory responsibilities of agencies such as the U.S. SEC and CFTC. The related legislation is currently being advanced in the Senate Banking Committee and the Agriculture Committee, and will need to be voted on by the full Senate and coordinated with the House version. (The Block)