PANews December 12 news, according to Bloomberg, Brian Quintenz has become a strong contender for the position of chairman of the U.S. Commodity Futures Trading Commission (CFTC). Under the leadership of the elected President Trump, cryptocurrency regulation may undergo significant changes. According to informed sources, Quintenz has been interviewed for the position, and the elected President's team has completed interviews for the chairman position of this regulatory agency, with an announcement expected in the coming days.
Quintenz is a former Republican CFTC commissioner and currently serves as the policy chief of a16z Crypto, the digital assets division of venture capital giant Andreessen Horowitz (a16z). If Quintenz is selected for the position, he will serve as a bridge between digital assets and traditional finance. Prior to joining the CFTC, he founded and led the hedge fund Saeculum Capital Management and worked on Capitol Hill. During his tenure as a CFTC commissioner in the first Trump administration, he advocated for the agency to embrace new financial service companies, including digital asset derivatives and event contracts that allow retail investors to bet on the outcomes of nearly everything. Since joining a16z, he has been pushing for more friendly regulatory policies for both industries, including joining the board of Kalshi Inc., one of the first prediction markets regulated by the CFTC.