Summer Mersinger resigns from CFTC and will become CEO of Blockchain Association starting June 2, bringing over 20 years of public policy experience.
Her departure leaves the CFTC understaffed with only three members on a five-seat panel, potentially impacting the agency's ability to implement policies affecting the crypto market.
Mersinger's move to the Blockchain Association highlights a shift in the U.S. regulatory landscape towards digital assets, with a focus on clear and pro-innovation regulations.
The change in leadership at the Blockchain Association is expected to guide advocacy for a regulatory framework promoting innovation while considering consumer protection in the cryptocurrency sector.