Regulatory Revolving Door Spins Again: CFTC’s Summer Mersinger Jumps to Lead Crypto Lobby

Another day, another regulator trading government badges for a cushy industry gig. Summer Mersinger—currently a commissioner at the Commodity Futures Trading Commission (CFTC)—just got tapped as CEO of the Blockchain Association, Washington’s most aggressive crypto lobbying outfit.

The revolving door between regulators and the industries they oversee keeps spinning at breakneck speed. Mersinger, known for her relatively crypto-friendly stance at the CFTC, will now helm the trade group fighting for lighter rules. How convenient.

Her appointment signals the industry’s push to rewrite regulations from the inside. Because why bother with compliance when you can just hire the rulemakers?

Changes in U.S. crypto policy

The announcement comes at a pivotal time for U.S. crypto policy, with debates intensifying over legislation to regulate stablecoins, decentralized finance, and centralized exchanges. 

As CEO, Mersinger will lead the Association’s efforts to push for clear, innovation-friendly digital asset regulations.

“We are absolutely thrilled to welcome Commissioner Mersinger,” said Marta Belcher, President of the Association’s Board. “She is the ideal leader for this moment.”

Mersinger succeeds Kristin Smith, who has led the Blockchain Association since its inception. Under Smith, the organization grew from a single staffer to a major lobbying force with over 125 member companies. Sarah Milby, the Association’s Head of Policy, will serve as interim CEO after Smith steps down on May 16.

The Blockchain Association says it remains committed to advocating for a regulatory framework that supports innovation while protecting consumers and maintaining U.S. competitiveness in the global digital economy.