CFTC’s Summer Mersinger to take helm of Blockchain Association

By: bitcoin ethereum news|2025/05/14 23:45:04

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

The widespread adoption of on-chain financial applications still faces an invisible barrier: the lack of transaction order certainty. Under a single leader architecture, nodes can delay, censor, or even front-run user transactions, thus completely distorting the game among market makers, bidders, an...

Founder of Delphi Labs: My observations and feelings about the AI ecosystem in China in two weeks

Delphi Labs co-founded a deep observation of China's AI ecosystem: hardware manufacturing is quietly winning the global war at an astonishing speed, but the software sector is mired in an overvaluation bubble and the homogenization of founders.

AI Seating Chart Released | Rewire News Morning Brief

Musk and Ultraman are not above

Is the era of Embodied AI's "GPT Moment" Approaching? Axis Robotics Announces End of Testing, Set to Launch on Base Chain

Axis's answer is yes - provided that a thorough reshaping of the scale-up production of robotic data is required, and a redefinition of the deployment paradigm in the physical world.

Meta Layoff Explained: On the same day as laying off 700 people, they handed out $90 billion in retention bonuses to executives

The money saved from laying off 700 people is approximately equivalent to Meta's 1.5 days of AI infrastructure spending

Forbes Special Report: The Embrace of AI Agents in the Cryptocurrency Industry

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