According to reports from Wu, venture capital giant Andreessen Horowitz (a16z) crypto policy chief Brian Quintenz has become the leading candidate for the position of chairman of the U.S. Commodity Futures Trading Commission (CFTC).
Quintenz has recently completed the interview for this position; he previously served as a Republican commissioner at the CFTC and is currently responsible for policy matters in the a16z crypto department. If appointed, this could signify a significant shift in the CFTC's regulatory policy towards cryptocurrencies.