Trump’s CFTC Chair Nominee Addresses Cryptocurrency Regulation Ahead of Hearing

Donald Trump appointed his own executive team shortly after assuming office on January 20th. Brian Quintenz, nominated by Trump for the position of Chairman at the Commodity Futures Trading Commission (CFTC), is preparing for his Senate Agriculture Committee hearing in anticipation of potential approval. 2023 marks Quintenz’s upcoming hearing, where he will address regulatory frameworks for cryptocurrency markets. Quintenz has outlined his commitment to providing clarity on classification and jurisdiction for trading market supervision. He emphasizes his readiness to shape U.S. leadership in the crypto sector with his experience gained from working at a16z Crypto (Andreessen Horowitz’s digital asset arm). The hearing is scheduled for June 10th, but the potential outcome remains uncertain. This information is not intended as investment advice.