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Commissioner for Commissioner for Commodity Futures (CFTC) Summer Mersinger will leave the agency on May 30 to become the new CEO notification.
The notification states that Mersinger’s appointment comes at a critical legislative moment for digital assets in Washington, where the Blockchain Association promotes the market structure and Stablecoin legislation.
The group described their selection process as exhausting and noted that the regulatory experience and background Capitol Hill motivated Mersinger.
Advocacy
In particular, Mersinger has recently been floated as one of the best candidates to become chairman of CFTC in a potential Trump administration.
AND January It cited sources familiar with the internal transition discussions, together with Brian Quinten and Marco Santori, were presented as the leading runs. Her reputation for the articulation of a balanced policy of digital assets has become a popular candidate among industry participants.
During its time at CFTC, Mersinger has gained recognition for defending political framework that corresponds to the innovation of digital assets while maintaining consumer protection. In particular, she disagreed with CFTC coercive measures against Support In September 2024, it is more likely to be argued about the clarity of the congress rather than regulating the enforcement.
Her previous experience includes several roles in the office of Senator John Thun, which gives her a deep knowledge of the legislative process.
Mersinger will be replaced by Kristin Smith, who worked as the founding CEO of the group and is credited to the transformation of the Association from the boutique operation into the front of the sector.
Industry welcomes Mersinger’s appointment
Senator Pat Toomey congratulations Mersinger on the social media and said that “brings a great background at a very important moment for crypto” and at the same time praises Smith’s work that determines the influence of the association.
Crypto Council for Innovation President Ji Kim said He looks forward to continuing cooperation and calls it “an important work that lies in front of us”.
Member of the Board of Directors of the Blockchain Association Jake Chevinsky, who also serves as the main legal director in the Fund variant, he wrote:
“The Comm’r Mersinger was a great CFTC champion during her time, and now she will have the whole industry to benefit from her leadership.”
Bill Hughes, Advisor to Consensus, described Mersinger’s “enthusiasm for Acteet Challenge” and trust in its ability to navigate this industry through the current political environment.
Introduction Mersinger to the Association’s membership will be followed by its departure from CFTC.
