Summer Mersiner, one of the four commissioners currently working on the future trading committee for American Organizational Commodities (CFTC), will become the next CEO of the Blockchain Association (BA).
In May 14 notice, Blockchain Association He said The current CEO, Christine Smith, will step down to Mersenger on May 16, allowing the group’s temporary president to work until the CFTC Commissioner will take the role on June 2.
The departure of Mirnsger, who has served in one of the Republican seats in CFTC since 2022, opens the way for President Donald Trump to nominate another member of the financial regulator. The rules require that there are no more than three commissioners belonging to the same political party.
Like the Securities and Stock Exchange Committee, CFTC is one of the important American financial organizers whose policies affect digital assets. Congressing lawmakers are currently passing the market structure bill to clarify the roles that each agency can take in overseeing and organizing encryption.
This is a developing story, and more information will be added when available.
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