Following Donald Trump's reelection as US president, his administration is paying significant attention to the crypto industry by placing key professionals in important positions.
Quintenz's Appointment
According to recent reports, Trump plans to appoint Brian Quintenz as the chairman of the Commodity Futures Trading Commission (CFTC). Bloomberg reported this move as likely after reviewing a document sent by the White House to Capitol Hill.
Quintenz's Experience and Past Work
Quintenz is a seasoned expert in crypto policy and regulation. He served as a CFTC commissioner from 2017 to 2021 and currently leads the global crypto policy division at a16z.
Reaction and Other Appointments
Although there is no official confirmation from the CFTC or the White House, information has been confirmed by Bloomberg and Fox Business. The document sent by the White House also mentions the nomination of Jonathan Gould as Comptroller of the Currency and Jonathan McKernan as Director of the Consumer Financial Protection Bureau.
Brian Quintenz's appointment as chairman of the CFTC could significantly impact cryptocurrency market regulation in the US in the coming years.
