Supporter of cryptocurrency Senator Bill Hagerty will run for re-election

According to ChainCatcher, as reported by Bitcoin Magazine, pro-cryptocurrency U.S. Senator Bill Hagerty will run for re-election. Hagerty has previously stated that he is working to promote freedom and opportunity by supporting Bitcoin legislation.

Previous news, U.S. Senator Bill Hagerty proposed a bill aimed at establishing a regulatory framework for stablecoins, bringing tokens like USDT and USDC under Federal Reserve rules. He stated that this stablecoin bill would create "a safe and growth-friendly regulatory framework to unleash innovation" and advance President Trump's commitment to make the U.S. the "crypto capital of the world."