- Bitcoin hodler Cynthia Lummis has won a US Senate seat.
- Donald Trump endorsed Cynthia Lummis for US Senate.
- Crypto advocates are now celebrating victory.
- Lummis passes a series of blockchain and pro-cryptocurrency bills.
Trump endorsed Bitcoin Hodler Lummis for US Senate
Currently, the world anticipates who will win the nation’s general election, with results between Donald Trump and Joe Biden too close to call in many states. On the other hand, Lummis has already won and will succeed former Senator Mike Enzi.
Additionally, she won with a tremendous margin and successfully secured almost 72.9 percent of the votes against her competitor Merav Ben-David. Furthermore, she received an endorsement for the US Senate seat from President Donald Trump.
.@CynthiaMLummis is a friend of mine and a great woman. She is running for Senate in the very Special State of Wyoming. Cynthia is Strongly for our Military, our Vets, and protection of the Second Amendment…
— Donald J. Trump (@realDonaldTrump) August 13, 2020
In addition, crypto advocates are now celebrating victory. In fact, Avanti Bank & Trust CEO Caitlin Long, a Wall Street veteran and fellow crypto advocate, was among the first to congratulate Lummis for her victory on Twitter.
AWESOME NEWS for #crypto folks from the crazy US election tonight—@CynthiaLummis won #Wyoming’s US Senate seat!! The US Senate now has an unabashed #bitcoin supporter & HODLer (since 2013) among its ranks!! CONGRATS Cynthia! @willcole @CynthiaMLummis 🤠🚀🔥 pic.twitter.com/8SCF9pkRSg
— Caitlin Long 🔑 (@CaitlinLong_) November 4, 2020
Lummis Passed Blockchain and Pro-Cryptocurrency Bills
Prior to her new post, Lummis also served as a representative of Wyoming from 2009 to 2017. During that time, she passed a series of blockchain and pro-cryptocurrency bills.
Furthermore, Lummis is also one of the first Bitcoin proponents in the Senate who initially purchased BTC back in 2013, when it was worth over $300. At the time of writing, each bitcoin is worth $14.4K, according to CoinGecko.
Lummis learned about the chief cryptocurrency from her son-in-law who was the Chief Product Officer of the Unchained Capital.
Lummis ran on a campaign linked to the agenda of Trump. Besides, she carried out various campaigns within the scope of the US elections, reflecting his closeness with technology in his campaigns. Her campaign website promotes an America First agenda, emphasizing carbon capture and uranium mining technologies in his campaigns
Wyoming is one of the most crypto-friendly states in the US. In recent months, it has approved a license to Kraken. This will enable it to create a full-fledged bank capable of providing comprehensive services related to digital assets.