Washington’s crypto playbook flipped on Might 14 when Commodity Futures Buying and selling Fee (CFTC) Commissioner Summer time Mersinger agreed to helm the Blockchain Affiliation, leaving the regulator for the business’s most influential commerce group.
Summer time Mersinger to Go away CFTC
In accordance with a publish printed on the Blockchain Affiliation’s official X account, Mersinger will go away her place on the federal regulator on Might 30 and formally be part of the crypto commerce group on June 2.
The Blockchain Affiliation cited Mersinger’s “expertise with the regulatory challenges going through the digital belongings ecosystem” and her advocacy for a crypto framework “that balances shopper safety with technological innovation” as causes for her choice.
1/ We’re happy to announce that CFTC Commissioner Summer time Mersinger has been chosen as the brand new Blockchain Affiliation CEO. Summer time will go away her present place as Commissioner on Might 30 and can begin on the Affiliation on June 2. pic.twitter.com/gVD0B4PpdH
— Blockchain Affiliation (@BlockchainAssn) Might 14, 2025
“We’re nearer than ever to passing fit-for-purpose laws that treats the digital asset business because the technological marvel it’s, supporting innovation within the sector whereas offering essential shopper protections,” the Blockchain Affiliation stated.
“Summer time joins at an important juncture as we make the ultimate push to make sure we flip constructive momentum to lasting legislation,” the group continued.
Blockchain Affiliation CEO Kristin Smith Praises Substitute
Mersinger replaces longtime Blockchain Affiliation CEO Kristin Smith because the latter continues her profession as President of the Solana Coverage Institute, starting on Might 19.
Smith praised Mersinger in a Wednesday morning X publish, saying the Blockchain Affiliation is in “wonderful palms” with the regulator.
“At this pivotal second for crypto in Washington, Summer time is the proper chief,” Smith stated. “With 20+ years of expertise throughout each chambers of Congress and the CFTC, she’ll play a key position in our business’s future.”
Mersinger started her tenure on the CFTC in March 2022 below then-U.S. President Joe Biden, the place she pushed for common sense crypto regulation. Earlier than her service on the company, Mersinger labored below Senate Majority Chief John Thune (R-SD) for practically twenty years.
“It has been a privilege to work and serve on the CFTC in each the primary and the present Trump Administrations, doing my half to help in pursuing the President’s essential insurance policies,” Mersinger stated in a Might 14 farewell assertion posted to the CFTC’s web site.
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