Cryptocurrency Bull CFTC Member Shared Good News About Bitcoin and Altcoins Before Resigning! "Coming Soon"

The member of the U.S. Commodity Futures Trading Commission (CFTC), Summer Mersinger, unexpectedly decided to leave the agency despite years remaining in her term.

Mersinger announced that she will take on a new role at the Blockchain Association to continue playing an active role in regulations related to the crypto sector.

Speaking about stablecoin regulation, which is expected to pass the Senate, Mersinger said, "The passage of this bill shows that this asset class is now here to stay and that the U.S. is aiming for leadership in this space." He argued that the U.S. could further consolidate its economic power with these new technologies.

Mersinger stated that his decision to leave before completing his term, which will last until 2028, was a challenging process. However, through his new role at the Blockchain Association, he believes he will be able to make a more effective contribution to priority issues such as stablecoin law and market structure regulations.

Mersinger argued that the CFTC holds a unique position as a regulator in the crypto spot market. "We already have regulatory authority in the futures markets. As the market regulator, the CFTC is empowered, which qualifies us," he said. He also mentioned that the CFTC is a global regulator and can therefore perform effective oversight in international crypto markets.

CFTC Member Mersinger: "Cryptocurrency Perptual Futures Products Will Soon Begin Trading"

Mersinger, who stated that cryptocurrency perpetual futures products may soon begin trading in the U.S., noted that some applications are in the evaluation stage and that these products will start trading under U.S. regulations in the near future. "The return of these products to the U.S. market would be a significant gain for the industry," he said.

Mersinger, stating that the CFTC has historically relied on a bipartisan collaboration, argued that the agency operates independently of political pressures. He expressed that the agency is capable of effectively overseeing the markets even with a small number of members.

While U.S. President Donald Trump's re-election surge in wealth from crypto investments has sparked public debate, Mersinger said that these discussions have diverted attention from the main issues. "What we really need to focus on is that the markets are regulated in the U.S. These discussions distract us from these goals."