logo

CFTC’s Summer Mersinger to take helm of Blockchain Association

By: bitcoin ethereum news|2025/05/14 23:45:04
0
Share
copy
Commodity Futures Trading Commission commissioner Summer Mersinger is joining the Blockchain Association as its new CEO. Her last day at the CFTC will be May 30, and she’ll start at the lead crypto trade organization on June 2. “We are absolutely thrilled to welcome Commissioner Mersinger as Blockchain Association’s new CEO,” Marta Belcher, president of the board of Blockchain Association, said in a statement Wednesday. “This is a pivotal moment for crypto policy, and we are confident that she is the ideal leader to take Blockchain Association, and the industry, to new heights.” Mersinger, who has served on the CFTC since 2022, has long been seen as one of the more crypto-friendly commissioners. In 2024, she issued a dissenting opinion after the agency entered into a settlement agreement with Uniswap Labs, a move Mersinger called “regulation by enforcement.” The Uniswap settlement ultimately made “sweeping statements” about the broader crypto industry and inappropriately employed “legal theories” outside of a courtroom setting, Mersinger added. In 2023, speaking at an industry event, Mersinger said crypto can only exist in the US if Congress passes policy. “Until we offer some sort of clarity, we’re going to see this activity...move away from the US,” she said. “We could lose out on a lot of innovation and opportunities in our financial markets.” Before being nominated to the CFTC by President Biden, Mersinger served as a top aide to current Senate Majority Leader John Thune. Sen. Thune earlier this month voted not to advance the stablecoin-focused GENIUS Act through a key procedural vote, but said he did so in order to allow Senators to revisit the bill at a later date. “Stablecoins should be made in the USA,” he added. Current Blockchain Association CEO Kristin Smith will be departing the agency on Friday after almost seven years leading the advocacy group. Smith will join as the president of the new Solana Policy Institute later this month. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/summer-mersinger-cftc-blockchain-association

You may also like

Electric Capital: Tracking 501 types of yield-generating RWA assets, we discovered these patterns

From private credit to GPU leasing, from catastrophe bonds to music royalties, the range of tokenizable assets is much richer than the market perceives. However, the biggest challenge is not technology, but distribution—existing RWAs heavily rely on a few large deployers, and the concentration of ri...

Those who are cut off by AI will not disappear; they will become the creators of the next round of the economy

AI is not eliminating people, but rather the superstition of "stable careers": those who break the shackles of organizations and understand how to rewrite themselves are ushering in the ultimate revenge.

Stablecoins reshaping cross-border payments in Asia? Strategic panorama and investment opportunity analysis

With the popularity of local payment channels, the costs of traditional transfers have been significantly reduced, and the fees are now mainly concentrated in the domestic settlement phase, which is precisely what stablecoins cannot bypass.

Zuckerberg is building an AI agent to help him as CEO

Zuckerberg is reported to be personally developing a "CEO proxy" to accelerate information acquisition and reduce management layers.

Bloomberg: Swiss Private Bank Old Guard Rifts, Is Bitcoin the Spark?

For Marc Syz, this is both a bet on the digital asset track and a complete break from Switzerland's long-established private banking dynasty.

Zuckerberg is building an AI assistant to help him be CEO

Mark Zuckerberg has been reportedly personally developing a "CEO Proxy" to speed up information flow and reduce management layers.

Popular coins

Latest Crypto News

05:42

Data: In the past 24 hours, the total liquidation across the network was 816 million USD, with long positions liquidated at 431 million USD and short positions liquidated at 385 million USD

According to Coinglass data, in the past 24 hours, the total liquidation across the network was $816 million, with long positions liquidated at $431 million and short positions liquidated at $385 million. Among them, Bitcoin long positions were liquidated at $109 million, Bitcoin short positions at ...
05:42

The three major U.S. stock indices closed up over 1%, with NIO and XPeng both rising 7%

According to Jinshi reports, U.S. stocks closed on Monday with the Dow Jones Industrial Average initially rising by 1.38%, the S&P 500 index up by 1.1%, and the Nasdaq Composite index up by 1.38%. Advanced Micro Devices rose by 5%, NVIDIA rose by 1.7%, and TSMC rose by 2.8%. The Nasdaq China Golden ...
05:42

The Dow Jones Index closed up 631.12 points, with both the S&P 500 and Nasdaq also rising

According to Jinshi reports, the Dow Jones Industrial Average closed up 631.12 points on March 23 (Monday), an increase of 1.38%, at 46,208.59 points; the S&P 500 index rose by 74.52 points, an increase of 1.15%, at 6,581 points; the Nasdaq Composite Index rose by 299.15 points, an increase of 1.38%...
05:42

Data: 3.8098 million ZRO transferred from Wintermute, worth approximately 8.15 million USD

According to Arkham data, at 04:19, 3.8098 million ZRO (worth approximately 8.15 million USD) was transferred from Wintermute to an anonymous address (starting with 0x6652...).
05:42

Daly: The economy faces two potential development paths, with escalating conflicts affecting policy trade-offs

According to Jinshi reports, Fed's Daly stated that the economy has at least two potential development paths. Prolonged conflicts may exacerbate the trade-offs in monetary policy.
Read more
Community
iconiconiconiconiconiconicon

Customer Support Bot：@WEEX_support_smart_Bot

VIP Services：support@weex.com