- Quintenz’s nomination signals a shift toward pro-crypto market-driven regulations.
- Trump’s administration aims to reshape financial oversight with crypto-friendly policies.
- Institutional crypto adoption may rise under clearer regulations for digital assets.
Former CFTC commissioner Brian Quintenz is slated to take the helm of the Commodity Futures Trading Commission (CFTC) under the Trump administration.
Fox Business reporter Eleanor Terrett stated that Trump has chosen Quintenz, who served as the head of policy at Andreessen Horowitz’s (a16z) crypto division. His nomination signals a shift toward spurring digital asset innovation and ensuring regulatory clarity.
CFTC officials confirmed the move, though the White House has not issued a formal statement. Acting CFTC Chair Caroline Pham noted her support, citing his leadership experience and dedication to advancing financial markets.
SCOOP: Three sources with direct knowledge of the matter tell me that @realDonaldTrump has chosen @BrianQuintenz, current Head of Policy at @a16z crypto and a former commissioner, to be permanent chair of the @CFTC.
No official statement from the @WhiteHouse yet, but…
The post Trump Nominates a16z’s Quintenz as CFTC Chief for Crypto Oversight appeared first on Coin Edition.
Coin Edition – Read More