Wu said that according to Bloomberg, citing informed sources, venture capital giant Andreessen Horowitz (a16z) crypto policy director Brian Quintenz has become the leading candidate for the chairman position of the U.S. Commodity Futures Trading Commission (CFTC). Quintenz recently completed the interview for the position; he previously served as a Republican commissioner at the CFTC and is currently responsible for policy affairs in a16z's crypto division. If appointed, this could signify a significant shift in the CFTC's regulatory policy towards cryptocurrencies.