According to the Fortune report of November 4th, Lummis was an early adopter of Bitcoin ( BTC), having first bought the cryptocurrency in 2013 thanks to a suggestion from her son-in – law, Will Cole. Cole has been Chief Product Officer of Unchained Capital, a blockchain financial services firm, since December 2019.
Lummis, who beat Ben-David with 73.1% of the vote, would serve as a lawmaker over a state that has been very accepting of crypto-friendly institutions.
The University of Wyoming announced on November 2nd, the opening of the Center for Blockchain and Digital Innovation, which will enable university students more chances to research about cryptocurrency and blockchain technology.
According to Cointelegraph.com The Republican senator’s BTC holdings makes her one of the few representatives in the U.S. Congress to own cryptocurrency. Some representatives including Florida congressman Darren Soto personally accept contributions in crypto, while The Chamber of Digital Commerce’s Political Action Committee launched an initiative in October to donate $50 BTC to campaigns for every member of congress as part of its efforts to promote crypto awareness.
Lummis served as the representative of Wyoming State’s only Congressional District from 2009 to 2017. She will be replacing outgoing Republican senator Mike Enzi.