Crypto’s New CEO Has Quite Literally Decided to Roll the Dice

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The Blockchain Association, never one to pass up an opportunity for dramatic personnel shifts (or perhaps just fond of summer-themed puns), has decided to hand over its CEO chair to none other than Summer Mersinger. Yes, the actual Summer Mersinger, fresh from her adventures corralling the Commodity Futures Trading Commission, a place famed for its festive atmosphere and legendary paperwork parties. 🌞

Mark your calendars — or your foreheads, if you’ve misplaced your calendar — for June 2, when Summer (the person, not the season) assumes command. She’ll be departing the CFTC, having only recently memorized where all the office supplies are kept, on the slightly anti-climactic date of May 30. For those who like counting such things, she brings with her two whole decades of public policy experience and possibly some truly harrowing tales from the Senate with John Thune. 📆🗃

Here Comes the U.S. Crypto Drama Lama

If you haven’t noticed, the U.S. crypto policy circus is back in town! The main acts: stablecoins (not as stable as advertised), decentralized finance (try finding the manager), and centralized exchanges (because who doesn’t love a little irony?). Just in time, Summer will helm the Association’s quest to convince lawmakers that cryptocurrencies are more than just digital Monopoly money.

“We are absolutely thrilled to welcome Commissioner Mersinger,” explained Marta Belcher, President of the Association’s Board, possibly while clutching a balloon for emphasis. “She is the ideal leader for this moment.” Heavy is the head that wears the blockchain, as they say (well, they should).

The outgoing CEO, Kristin Smith, who transformed the Association from a single lonely soul shouting into the cryptoverse to a bustling hive of over 125 member companies, will soon leave her post. Stepping in as interim CEO will be Sarah Milby, whose main job will be to keep the office plant alive and prevent everyone from accidentally decentralizing the coffee machine during the transition.

The Blockchain Association vows to continue fighting for what it describes as a “regulatory framework that supports innovation, safeguards consumers, and swears the U.S. is not about to be left behind by the global digital economy.” Which is a very brave way of saying: No, seriously, please don’t regulate us out of existence. 🤞💼

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2025-05-14 20:53