The organization, one of the top crypto lobbying voices in Washington, would be a leader when long -time CEO Kristin Smith Step down This week and officially became president at the Solana Research Policy Institute. That vacuum in one of the largest US advocacy groups will be filled with Mersinger at the start of the next month, according to MARTA BELCHER, The president and chairman of the Association Board, who confirmed the transfer to the stage to Consensus 2025 in Toronto.
Mersinger’s removal will temporarily leave the CFTC with a single republican, acting chairman Caroline Pham, against two Democrat commissioners, Kristin Johnson and Christy Goldsmith Romero. However, Romero has announced his retirement from the government’s service once the Senate confirms President Donald Trump’s choice as the new chairman, Brian Quintenz. The Senate did not rush into its confirmation with Quintenz as he did to Paul Atkins, the new head of the Securities and Exchange Commission, but his confirmation will return to the agency back to a 2-1 majority of the majority, leaving two open positions-one for each party.
The agency has prepared to be one of the major crypto industry regulators if Congress has approved the new law to repair the sector. Lawmakers from both parties favor a bigger role for the CFTC in administration in the market area for trading most of the volume of digital assets.
Mersinger has been a Defender of the crypto industry During the administration of President Joe Biden, Rostin Behnam was chairman of the CFTC. He or she now represents as the industry is forced for two major bits of law that will establish its regulation in the US
Changing leadership in the Blockchain Association came at the same time as shifting to most other major crypto advocacy groups in the US, where many are now.
Read more: US crypto lobbyists flood the zone, but is there a lot?
