Laura Mercurio has been appointed as Blockchain Australia’s new CEO, an industry body that represents Australian companies and individuals working in the cryptocurrency sector. She has extensive financial industry experience, having previously worked for BlackRock, Deutsche Bank, and Citigroup.
Blockchain Australia recently announced that Laura Mercurio will start in her new position on Monday (September 12). Since the nation’s leaders are moving toward implementing a regulatory framework for the digital asset industry, the group thinks she could work effectively with watchdogs and the local government.
Mercurio to join Blockchain Australia
Mercurio joins Blockchain Australia after working for a number of prestigious financial, technology, and consulting firms for many years. She worked for Citigroup from 2001 to 2005, and then afterward joined BlackRock as its global chief operating officer. Regarding her new professional chapter, she said:
“I am extremely excited to be taking on the role of CEO of Blockchain Australia, to be the leading voice in this maturing industry, and to drive innovation and change for Australian businesses in the blockchain space.”
Moreover, Mercurio went on to add that there are massive opportunities ahead for the Blockchain and crypto sector amid their rapid adoption to “fundamentally transform how industries solve day-to-day issues.”
“I am looking forward to advancing the innovation ecosystem and working closely with members, industry, governments, and regulatory bodies to provide digital solutions,” she continued.
Steve Vallas, who has held the position for the past two years, will be replaced by the newly-appointed CEO. Vallas was praised for his contributions throughout his tenure by Blockchain Australia.
Notably, many renowned figures who were formerly employed by financial organizations and even government officials have recently migrated to the digital asset industry. For example, Brian Brooks, who was the US Comptroller of the Currency under the presidency of Donald Trump, entered the industry by becoming the CEO of Binance.US and later CEO of Bitfury in November last year, as TheCoinRise reported.
Moreover, a week back, FTX US selected former CFTC (Commodity Futures Trading Commission) commissioner Jill Sommers under its Board of Directors.