I've spent the past year and a half leading the Blockchain Association through one of the most consequential periods in its history. I'm incredibly proud of what our team accomplished together, especially in navigating a challenging and rapidly evolving environment for the industry. Together, we saw the GENIUS Act become law, held more than 300 Congressional and agency meetings, and, for the first time, the industry will have clear rules of the road thanks to the work we’ve done with the SEC, CFTC, and this Administration. Those achievements belong to an extraordinary team, and I remain deeply grateful for their talent, commitment, and trust.
I'm proud of the work we did together, and I'll be sharing more about what's next for me in the near future.
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Blockchain Association CEO
@SummerMersinger will step down on October 16, while remaining as an advisor through the end of the year to ensure a smooth transition. Board President
@KristinSmith will serve as interim CEO beginning on October 17.
We're grateful for Summer's leadership through a historic period for digital asset policy.
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It was wonderful to join
@CatoInstitute today for a discussion on the current state of regulation and the outlook for regulatory priorities at the SEC and CFTC.
Smart regulation can be durable if it is thoughtfully crafted and implemented the right way.
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- Why did American financial markets become the envy of the world?
- How have they contributed to prosperity?
- And what role Washington should—or should not—play in sustaining them?
Join Cato for our annual conference featuring leading scholars, historians, and policymakers.
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One vote does not decide our industry’s future. And this headline doesn’t either.
Time and again,
@Brian_Armstrong and the
@coinbase team in Washington show up for the entire industry and America’s leadership in this technology. I’m proud to stand with them and grateful for their leadership at
@BlockchainAssn.
We won’t rest until our industry has clarity in the United States.
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A landmark crypto bill collapsed this week after months of protracted negotiations. It marked a spectacular choke by an industry that had just recently begun reveling in its new lobbying clout, with President Trump in its corner.
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The following statement is attributed to Blockchain Association CEO
@SummerMersinger following the innovation Exemption issued today by the
@SECGov:
I’m grateful to every senator who voted to move forward, and to the members and advocates who put market structure on the Senate floor for the first time in history.
Tomorrow we are back at it – on the Hill with our members, and through our continued work with the SEC and the CFTC.
We won't rest until our industry has regulatory clarity in the United States.
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The following statement is attributed to Blockchain Association CEO
@SummerMersinger following today’s cloture vote on the motion to proceed to the Clarity Act:
This is our moment.
The Senate has the opportunity today to protect consumers, strengthen public safety, and keep the future of digital finance in America.
Senators: Vote YES on Clarity.
Tune in live at 2:15 PM ET as the Senate votes to invoke cloture on the Clarity Act .👇
Join me live at 10 AM ET!
Will Crypto Get Clarity? The Senate votes today
⚡️ Republicans posted a new draft bill with compromises on the key ethics questions
⚡️ Democrats countered overnight
⚡️ Odds fell 31% → 19%
⚡️ Cloture vote is at 2:15pm today
Discussing live with:
@SKMersinger —
@BlockchainAssn CEO, on the CFTC until last May
@KevWysocki — policy chief at
@Anchorage
Watch at 10am ET 👇
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Countless hours of bipartisan work in the House and Senate, across the agencies, and at the White House have led to today’s vote.
The Senate has an opportunity to advance the most consequential crypto market structure legislation in a generation.
Vote YES on Clarity.
🇺🇸
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September 11 is always a day of deep reflection for me. It was likely the first time I fully understood that the democracy and freedoms we enjoy in the United States can never be taken for granted.
I was working for then-Congressman John Thune, sitting near a window on the ground floor of the Longworth House Office Building. My computer was acting up that morning, so I was on the phone with tech support when we saw that a plane had struck the first tower. We talked about the tragedy and what might have caused it as I rebooted my computer for the second time.
Still on the call, we watched the second plane strike the other tower. We immediately understood that this was not an accident.
It did not occur to me that the attack would hit even closer to home until a coworker’s husband called to say he had just seen a plane strike the Pentagon. As we evacuated the building, I frantically searched for a friend who had been at the Pentagon for a meeting earlier that morning. When I found her, we held each other for what felt like a long time.
Then we heard aircraft approaching. People began to scatter until someone yelled, “It’s okay, those are our planes.”
Amid the chaos, a sense of calm followed. We knew the brave men and women of our military had been activated to protect us.
We spent the rest of the day sheltered in a coworker’s apartment a few blocks from the Capitol, trying to reach our colleagues back in South Dakota and our families to let them know we were safe. I remember thinking that evening that someday, children would learn about that day in their history classes. Years later, I have sat with my own children as they learned about September 11, 2001, sharing my own experience on that infamous day in history.
Today, I remember the lives lost, the families forever changed, and the brave Americans who answered the call to serve.
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On the 25th anniversary of 9/11, we honor the lives lost, first responders, and families forever impacted.
We will never forget.
We welcome the release of the latest Clarity Act text and applaud the bipartisan work that has gone into reaching this point.
We look forward to a successful vote on Tuesday and moving this critical legislation forward.
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News: Republicans are unveiling new text of the Clarity Act ahead of a floor vote next week
Read the new 630-page crypto bill draft on
@POLITICOPro
Illinois should not force companies to spend millions preparing to comply with an unlawful, unclear tax while this case is still being litigated.
That is why we are asking the court to act now – before the January 1 deadline and before the damage is done.
Read our motion:
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Today,
@BlockchainAssn and
@Crypto_Council moved for preliminary injunction to block Illinois's Digital Asset Tax Act before it takes effect January 1.
Digital asset businesses are forced to spend millions building systems to try to comply with an unlawful and unclear tax, all under the threat of felony criminal penalties. We are asking the Court to stop this unlawful and unprecedented tax before it's too late.
Read our joint motion:
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End/ Illinois has an opportunity to be a leader in the digital asset economy. This law moves the state in the opposite direction.
We are asking the court to declare the Digital Asset Tax Act unlawful and prevent it from taking effect.
Read our full complaint:
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The following statement is attributed to Blockchain Association CEO
@SummerMersinger after today’s meeting with President Trump at the
@WhiteHouse:
Tune in live as
@SummerMersinger joins other tech leaders at the White House where President Trump will deliver remarks:
🚨 Announcing the first wave of speakers for the DC edition of Solana Summit: Washington x Wall Street, bringing together policymakers, institutional investors, and developers around digital asset policy, adoption, and implementation. Sept. 14. Register:
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The following statement is attributed to Blockchain Association CEO
@SummerMersinger ahead of the
@SECGov Open Meeting tomorrow.
The following statement is attributed to Blockchain Association CEO
@SummerMersinger following cloture on the motion to proceed:
Thank you,
@SenLummis, for your tireless efforts to champion clear rules, strong consumer protections, and robust law enforcement tools for digital assets and its 67 million American users.
We will continue fighting with you to ensure Clarity becomes law.
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My statement on Clarity Act⬇️⬇️
This fight is not over. We are a resilient industry. We are passionate advocates. We are a dedicated community – and we will continue pushing our message to the Senate.
We won’t stop until Clarity is law.
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