Coin Center Executive Director Jerry Brito is stepping down by the end of the year, according to CoinDesk, though he will remain on the board. Peter Van Valkenburgh, a former director of research at the Cato Institute, will take over as executive director, Coin Center announced on Monday. Brito has led Coin Center, a non-profit research and advocacy group focused on cryptocurrency policy, since 2014. During his tenure, he has been a vocal advocate for cryptocurrency regulation, testifying before Congress and writing extensively on the topic. In a statement, Brito said that he is "proud of the work that Coin Center has done to advance the cause of sound cryptocurrency policy," and that he is "confident that Peter will continue to build on our success." Van Valkenburgh said that he is "honored to have the opportunity to lead Coin Center," and that he is "committed to continuing the organization's work to promote sound cryptocurrency policy." Coin Center Senior Policy Counsel Robin Weisman is also stepping down but will also remain on the board. Neither disclosed their future plans. ```