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CLARITY Act · SEC ·

Summer Mersinger is leaving the helm of the Blockchain Association, one of the crypto industry's leading advocacy groups

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Kristin Smith (left) will return to lead the Blockchain Association as interim CEO after the exit of Summer Mersinger (right). (CoinDesk)

Mersinger will be replaced, for now, by Kristin Smith, the organization's original CEO who ran the association from its launch in 2018 until 15 months ago, according to a Friday statement.

Key facts

Summary

The Blockchain Association CEO Summer Mersinger is stepping down and will be replaced on an interim basis by the group's former longtime leader, Kristin Smith. The transition, which was announced days after the industry experienced a legislative disappointment in the rejection of the Digital Asset Market Clarity Act, is set for next month. Summer Mersinger is leaving the helm of the Blockchain Association, one of the crypto industry's leading advocacy groups, a week after the sector weathered a major legislative setback in the loss of the Digital Asset Market Clarity Act.

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