Blockchain Association Chooses CFTC’s Summer Mersinger to Lead High-Stakes Crypto Lobbying
By: crypto news|2025/05/15 04:00:13
0
Share
Washington’s crypto playbook flipped on May 14 when Commodity Futures Trading Commission (CFTC) Commissioner Summer Mersinger agreed to helm the Blockchain Association, leaving the regulator for the industry’s most influential trade group.Summer Mersinger to Leave CFTCAccording to a post published on the Blockchain Association’s official X account, Mersinger will leave her position at the federal regulator on May 30 and formally join the crypto trade group on June 2.The Blockchain Association cited Mersinger’s “experience with the regulatory challenges facing the digital assets ecosystem” and her advocacy for a crypto framework “that balances consumer protection with technological innovation” as reasons for her selection.1/ We’re pleased to announce that CFTC Commissioner Summer Mersinger has been chosen as the new Blockchain Association CEO. Summer will leave her current position as Commissioner on May 30 and will start at the Association on June 2. pic.twitter.com/gVD0B4PpdH— Blockchain Association (@BlockchainAssn) May 14, 2025“We are closer than ever to passing fit-for-purpose legislation that treats the digital asset industry as the technological marvel it is, supporting innovation in the sector while providing important consumer protections,” the Blockchain Association said.“Summer joins at a vital juncture as we make the final push to ensure we turn positive momentum to lasting law,” the organization continued.Blockchain Association CEO Kristin Smith Praises ReplacementMersinger replaces longtime Blockchain Association CEO Kristin Smith as the latter continues her career as President of the Solana Policy Institute, beginning on May 19.Smith praised Mersinger in a Wednesday morning X post, saying the Blockchain Association is in “excellent hands” with the regulator.“At this pivotal moment for crypto in Washington, Summer is the perfect leader,” Smith said. “With 20+ years of experience across both chambers of Congress and the CFTC, she’ll play a key role in our industry’s future.”Mersinger began her tenure at the CFTC in March 2022 under then-U.S. President Joe Biden, where she pushed for common-sense crypto regulation. Before her service at the agency, Mersinger worked under Senate Majority Leader John Thune (R-SD) for nearly two decades.“It has been a privilege to work and serve at the CFTC in both the first and the current Trump Administrations, doing my part to assist in pursuing the President’s important policies,” Mersinger said in a May 14 farewell statement posted to the CFTC’s website.The post Blockchain Association Chooses CFTC’s Summer Mersinger to Lead High-Stakes Crypto Lobbying appeared first on Cryptonews.
You may also like

Nasdaq Enters Correction Territory | Rewire News Morning Brief
Tech Stocks are a Minefield

OpenAI loses to Thousnad-Question, unable to grow a checkout counter in the chatbox
What can achieve an AI shopping closed loop is platforms that already have a complete ecosystem, not AI companies that have to build everything from scratch.

One-Year Valuation Surged 140%, Who Is Signing the Check for Defense AI?
The $2 Billion fundraising itself is not important; what matters is who is writing this check.

Bittensor vs. Virtuals: Two Distinct AI Flywheel Mechanisms
From Emission to Throughput: Five Key Contrasts between the Bittensor Subnet and Virtuals Agents.

Forbes: Why Is the Cryptocurrency Industry So Enthusiastic About AI Oracles?
The crypto industry is betting on the emerging Internet of Things economy, claiming that blockchain infrastructure was always meant for machines from the outset.

Ethereum Foundation publishes: Restructuring the division of labor between L1 and L2, jointly building the ultimate Ethereum ecosystem
Ethereum Foundation sets a strong tone: L1 solidifies security and settlement base, L2 focuses on differentiated innovation, working together to break through fragmentation and build the strongest ecosystem.

Morning Report | Startale completes $63 million Series A financing; STS Digital launches structured cryptocurrency platform; Polymarket will charge a taker fee on almost all trading categories
Overview of Important Market Events on March 26

The most important thing in Web3 primary market investment
There is no perfect model, only builders who are respectful and responsible towards the market.

The strategic focus of cryptocurrency in reconstructing the international monetary system and the Chinese solution
Cryptocurrency has a significant impact on our country's international financial cooperation and creates great opportunities for enhancing our international financial discourse power. We must adapt to the new trends in the reform of the international monetary system, analyze the structural contradic...

Musk Poached Aave App's Web3 Prodigy
Aesthetic is a gift.

The Petro Order is Cracking. What Comes Next for the Middle East?
Ground War Begins, or Deterrence Takes Hold

ETF Fund Inflows Emerging, What's Still Missing for BTC to Fully Recover?
The market is entering a crucial phase of equilibrium.

Forbes Special Report: The Embrace of AI Agents in the Cryptocurrency Industry
AI agents are becoming the true native users of cryptocurrency; they do not need a beautiful interface, just a wallet and a payment track. This wave of "machine commerce" may be the most rational narrative in the crypto industry for years, or it may just be another round of hype in a new bottle.

Bitpanda, Vision Web3 Foundation, and Optimism Partner to Onboard European Financial Institutions to the Global Blockchain Economy
Vision Chain aims to address the long-standing infrastructure bottlenecks in the European financial sector

What will the early Hyperliquid prediction market look like?
Unleash the Imagination Space of On-chain Finance

Overseas VC's Two-Week Trip to China AI Leaves Them in Awe of Shenzhen Hardware
Delphi Labs founder's two-week deep dive into China's AI ecosystem: More bullish on hardware than expected, more bearish on software than expected, and observations on Chinese founders that flipped his prior beliefs.

Was CZ Also Rug Pulled? BNB Treasury CEA Industries Control Battle
CEA Industries' mNAV drops to 0.68, YZi Labs personally steps in to clean up the mess

A transaction in 7 seconds, earning tens of millions of dollars, he's seen as the "cancer of meme coins."
The belief that "Day Trading Shitcoins is the Only Way to Make Money" has become their go-to strategy.
Nasdaq Enters Correction Territory | Rewire News Morning Brief
Tech Stocks are a Minefield
OpenAI loses to Thousnad-Question, unable to grow a checkout counter in the chatbox
What can achieve an AI shopping closed loop is platforms that already have a complete ecosystem, not AI companies that have to build everything from scratch.
One-Year Valuation Surged 140%, Who Is Signing the Check for Defense AI?
The $2 Billion fundraising itself is not important; what matters is who is writing this check.
Bittensor vs. Virtuals: Two Distinct AI Flywheel Mechanisms
From Emission to Throughput: Five Key Contrasts between the Bittensor Subnet and Virtuals Agents.
Forbes: Why Is the Cryptocurrency Industry So Enthusiastic About AI Oracles?
The crypto industry is betting on the emerging Internet of Things economy, claiming that blockchain infrastructure was always meant for machines from the outset.
Ethereum Foundation publishes: Restructuring the division of labor between L1 and L2, jointly building the ultimate Ethereum ecosystem
Ethereum Foundation sets a strong tone: L1 solidifies security and settlement base, L2 focuses on differentiated innovation, working together to break through fragmentation and build the strongest ecosystem.
