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The "Crypto Queen" of the United States, Loomis, announced her retirement in 2026, while the Fed advances the "streamlined main account" plan.
According to Deep Tide TechFlow news, on December 22, as reported by Crypto in America, U.S. Wyoming Republican Senator Cynthia Lummis announced on December 22 that she would not seek re-election in 2026, prompting widespread tributes from the cryptocurrency industry. Dubbed the “Crypto Queen” of the Senate, Lummis has played a central role in shaping digital asset policy, with her legislative legacy including the GENIUS Act and the Responsible Financial Innovation Act. Meanwhile, the Fed issued a request for information to advance the “streamlined master account” plan advocated by Christopher Waller, aimed at allowing eligible crypto institutions to use Fed payment services, providing an alternative outside the traditional banking system for the industry. Former Vice Chairman Michael Barr opposed this, expressing concerns about the lack of sufficient AML safeguards.