{"id":43823,"date":"2025-02-12T10:35:47","date_gmt":"2025-02-12T10:35:47","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=43823"},"modified":"2025-02-12T10:35:47","modified_gmt":"2025-02-12T10:35:47","slug":"trump-reportedly-eyes-a16zs-brian-quintenz-for-cftc-chair","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=43823","title":{"rendered":"Trump Reportedly Eyes a16z\u2019s Brian Quintenz For CFTC Chair"},"content":{"rendered":"

Former Commodity Futures Trading Commission (CFTC) commissioner Brian Quintenz is reportedly being considered by US President Donald Trump to lead the agency <\/span>once<\/span> again.<\/span><\/p>\n

Currently serving as head of policy at Andreessen <\/span>Horowitz\u2019s<\/span> (a16z) crypto division, <\/span>Quintenz\u2019s<\/span> selection signals a potential shift toward a more pro-crypto regulatory stance.<\/span><\/p>\n

According to a 12 <\/span>February 2025 report from Bloomberg<\/span><\/a>, a document sent from the White House to Capitol Hill indicates that Trump intends to nominate Quintenz as the next CFTC chair. <\/span><\/p>\n

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Quintenz May Push for CFTC to Lead Crypto Regulation<\/span><\/h2>\n

If confirmed, Quintenz <\/span>is expected<\/span> to advocate for crypto-friendly policies, potentially positioning the CFTC as the primary regulator for the digital asset industry\u2014challenging the Securities and Exchange Commission (SEC) under Chair Gary Gensler.<\/span><\/p>\n

The document also details other key financial regulatory appointments, including Jonathan Gould, a partner at Jones Day, who has been nominated as Comptroller of the Currency, overseeing U.S. national banks. <\/span><\/p>\n

Furthermore, it names Jonathan McKernan, who resigned from the Federal Deposit Insurance Corporation (FDIC) on February 11, as the new permanent head of the Consumer Financial Protection Bureau (CFPB).<\/span><\/p>\n

Quintenz previously served as a Republican commissioner at the CFTC from 2016 to 2020, during <\/span>Trump\u2019s<\/span> first term. Throughout his tenure, he strongly supported the integration of crypto derivatives and digital asset products into U.S. regulatory frameworks.<\/span><\/p>\n

Reports coming in that Trump has chosen Brian Quintenz, Head of Policy at a16z Crypto, as new Chair of the CFTC <\/p>\n

You are not bullish enough. pic.twitter.com\/CgZpmRRyQu<\/a><\/p>\n

\u2014 Gordon (@AltcoinGordon) February 12, 2025<\/a><\/p>\n\n

In March 2024, Quintenz publicly criticized the SEC over its inconsistent stance on Ether (ETH). He argued that the agency had already acknowledged ETH as a non-security when it approved Ether futures exchange-traded funds (ETFs) in October 2023. <\/span><\/p>\n

He claimed that if the SEC had doubts about <\/span>ETH\u2019s<\/span> regulatory classification, it would not have approved ETH futures ETFs <\/span>and that <\/span>CFTC-listed<\/span> futures on ETH would be considered<\/span> illegal if the asset <\/span>were classified<\/span> as a security.<\/span><\/p>\n

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A16z\u2019s<\/span> Role in Crypto Regulation<\/span><\/h2>\n

Since leaving the CFTC, Quintenz <\/span>has played a major<\/span> role in shaping crypto policy at a16z, one of the largest venture capital firms in the digital asset space. The firm has backed major crypto projects, including Solana, Avalanche, Aptos, EigenLayer, Lido, OpenSea, Coinbase, and Maker (now Sky).<\/span><\/p>\n

Following regulatory shifts under the Trump administration, a16z stated in November 2024 that it expects<\/span> \u201c<\/span>greater flexibility to experiment<\/span>\u201d <\/span>in the crypto sector.<\/span><\/p>\n

Last year, Trump\u00a0<\/span>nominated former Securities and Exchange Commission Commissioner Paul Atkins<\/span><\/a>, a crypto advocate, to chair the agency. Industry leaders hope <\/span>Atkins\u2019<\/span> leadership will bring a more favorable regulatory environment for digital assets.<\/span><\/p>\n

Trump has been critical of\u00a0<\/span>Gensler\u2019s<\/span>\u00a0policies, promising during his campaign to fire him<\/span>\u00a0\u201c<\/span>on day one.<\/span>\u201d\u00a0<\/span>However, Gensler pre-empted this move by announcing his resignation, effective January.<\/span><\/p>\n

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The post Trump Reportedly Eyes a16z\u2019s Brian Quintenz For CFTC Chair<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Former Commodity Futures Trading Commission (CFTC) commissioner Brian Quintenz is reportedly being considered by US President Donald Trump to lead the agency once again. Currently serving as head of policy at Andreessen Horowitz\u2019s (a16z) crypto division, Quintenz\u2019s selection signals a potential shift toward a more pro-crypto regulatory stance. According to a 12 February 2025 report […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-43823","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/43823"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=43823"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/43823\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}