BlockBeats news, on May 14, according to The Block, Commodity Futures Trading Commission (CFTC) commissioner Summer Mersinger will step down to become the CEO of the Blockchain Association, which is the main lobbying group for the crypto industry in Washington.
The Blockchain Association announced on Wednesday that Summer Mersinger will assume the role of CEO on June 2, with May 30 being her last day at the CFTC.
It is reported that Summer Mersinger was nominated by former President Biden to serve as a Republican commissioner of the U.S. Commodity Futures Trading Commission (CFTC) and was sworn in in March 2022. During her tenure at the CFTC, Summer Mersinger encouraged collaboration between the CFTC and the U.S. Securities and Exchange Commission (SEC) to jointly build a regulatory framework for digital assets in 2023.