Blockchain Association Taps US CFTC Commissioner Summer Mersinger as CEO 466t5d Technology News

The official X handle of the Blockchain Association confirmed the development on May 14. 2m3e36

Written by Manas Mitul | Updated: 15 May 2025 18:45 IST

Blockchain Association Taps US CFTC Commissioner Summer Mersinger as CEO

Photo Credit: X/ @BlockchainAssn 2h2l22

Mersinger to start her job at the Blockchain Association on June 2

Highlights

Summer Mersinger has advocated for balanced rules around digital assets
She will be working alongside US regulators around crypto rules
President Trump expects these rules to be finalised by August

ment

Summer Mersinger, a commissioner of the US Commodity Futures Trading Commission (CFTC), is set to leave her position and take up a Web3-focussed role in the US. Starting June 2, Mersinger will serve as the CEO of the Blockchain Association, a Web3 advocacy group based in Washington DC. The association is currently working with US regulators to call for structured and practical legislation to oversee the digital assets industry. May 30 will mark Mersinger's last day of working at the CFTC.

The official X handle of the Blockchain Association confirmed the development on May 14. The post noted that Mersinger, as a CFTC commissioner, had consistently advocated for a consumer-focussed regulatory framework to monitor the digital assets ecosystem.

"We are closer than ever to ing fit-for-purpose legislation that treats the digital asset industry as the technological marvel it is, ing innovation in the sector while providing important consumer protections. Summer s at a vital juncture as we make the final push to ensure we turn positive momentum to lasting law," the Blockchain Association noted.

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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

The SEC's Crypto Task Force is working to draft crypto rules for the US market. Multiple proposals around digital assets like stablecoins have been tabled before regulators for discussions. Over 125 of the Blockchain Association are also part of these crucial discussions.

"We believe that Congress should set the tone and perspective on digital asset regulation, and Summer's knowledge of how elected officials think through such complex questions will be vital as we await next steps on the stablecoin and market structure bills,” the advocacy group said.

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Media reports claim that Mersinger was also being considered to take up the role of the CDTC chairperson owing to her approach on tech-related regulations.

Jake Chervinsky, the chief legal officer at Variant Fund who also serves as a board member of the Blockchain Association, welcomed Mersinger's appointment.

"Comm'r Mersinger has been an amazing champion for crypto during her time at the CFTC, and now the whole industry will benefit from her leadership at BA," Chervinsky tweeted.

I couldn't be happier to welcome Summer Mersinger as @BlockchainAssn's next CEO!

Comm'r Mersinger has been an amazing champion for crypto during her time at the CFTC, and now the whole industry will benefit from her leadership at BA. https://t.co/SMNb1aA26q
— Jake Chervinsky (@jchervinsky) May 14, 2025

Republican Senator Pat Toomey and Crypto Council for Innovation president Ji Kim also lauded the development.

Under the Trump istration, the lines between government officials and the digital assets sector have blurred.

Earlier in March, President Trump hosted the first White House Crypto Summit to bring regulators and Web3 industry stakeholders under one roof. The summit aimed at starting a new chapter of Web3 regulatory overhaul, with the new istration seen as more crypto-friendly that the previous one under President Joe Biden.

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Further reading: Blockchain Association

Radhika Parashar

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Radhika Parashar is a senior correspondent for Gadgets 360. She has been reporting on tech and telecom for the last three years now and will be focussing on writing about all things crypto. Besides this, she is a major sitcom nerd and often replies in Chandler Bing and Michael Scott references. For tips or queries you could reach out to her at [email protected]. More