Donald Trump inserts Cripto Advocate A16Z Brian Quuintenz for Leadership CFTC

Donald Trump He allegedly chose Brian Kuintenza, the current head of the A16Z CRIPTO, to keep a commission for trade in trade Future (CFTC), a journalistic thermacy for fox.

If confirmed, Quuintenz will replace Acting chair Caroline Pham.

Who is Quuintenz?

Quintenz, who served as a CFTC commissioner from 2017. until 2021. years, played a key role in the progress of technological surveillance in the Agency. He chaired the Advisory Committee on Technology and supported the idea of ​​the Self-Regulation body for the crypto sector.

After leaving the commission, he joined A16Z CRIPTOwhere he was crucial in shaping politics strategies. It is important that A16Z is the main-powered Copitar company in connection with the crypt and was the main financial force in elections 2024. years, contributing $ 47 million in FAIRSHAKE and other political organizations.

Its nomination signals Trump’s broader intention to redefine financial regulation, especially in the markets of crypto and derivatives.

Should the congressional structure in the market in the market More authority for CFTCQuuintenz will be responsible for making interpretive rules that shape how the Agency conducts these new regulations.

Significantly, the crypto industry has long advocated for CFTC monitoring, claiming that it will offer an innovative regulatory approach from American securities and replacements (SEC).

Industrial reaction

Although the White House has yet to officially announce Kuüntenz’s nomination, the key industries have already supported.

Coin Entire Brian Armstrong and other crypto leaders have welcome The decision and expressed confidence in his ability to lead the agency.

CRIPTO Lawyer Jeremi Hogan stressed that the CFTC chairman could become influence in the crypt in regulation than Leadership Sec and called Quictenz by a strong choice for the Commission.

Hogan said:

“The Chief of CFTC will, in the end, is likely to be more important for the crypto space from the head of the sector. And Brian Quintez is solid” A! “”

Meanwhile, Finance Lawyer Scott Johnsson prominent The role of quintens in the launch of CME Bitcoin Futures, which has paid the road to spot Bitcoin ETFS. According to him, this reinforces confidence in his ability to effectively lead the agency.

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