Is the crypto world welcoming a positive turn? A figure from the crypto community has become a leading candidate for the CFTC chair
The latest development is that Brian Quintenz has emerged as a prominent candidate to lead the Commodity Futures Trading Commission (CFTC). Quintenz is the policy chief of a16z Crypto, the digital assets division of venture capital giant Andreessen Horowitz, and is a former Republican CFTC commissioner.
In addition to supportive regulations, Trump has also backed the idea of establishing a strategic national Bitcoin reserve. Although many question the feasibility of the latter, the son of the elected president, Donald Trump Jr., has stated that his father "will be an incredible ally for this industry."
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