CFTC's Mersinger to Head Blockchain Association as CEO Starting June 2, Succeeding Kristin Smith

Summer Mersinger, a Commissioner at the Commodity Futures Trading Commission (CFTC), will step down from her position on May 30 to become the new CEO of the Blockchain Association, effective June 2. She replaces Kristin Smith, who has led the association for nearly seven years and will join the new Solana Policy Institute as president.

Mersinger has been recognized for her crypto-friendly stance during her tenure at the CFTC, notably dissenting on the agency's settlement with Uniswap Labs in 2024, which she criticized as 'regulation by enforcement.' Her experience spans over two decades, including roles in both chambers of Congress and at the CFTC. Marta Belcher, president of the board of Blockchain Association, expressed enthusiasm about Mersinger's appointment, stating it comes at a pivotal moment for crypto policy.

Senate Majority Leader John Thune, who nominated Mersinger to the CFTC, recently voted against advancing the stablecoin-focused GENIUS Act, emphasizing the importance of stablecoins being made in the USA.

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