CFTC Funding Key for Crypto Regulation, Says Quintenz

Brian Quintenz, nominated by the Trump administration as Chair of the CFTC, calls for increased funding to support expanded cryptocurrency oversight. This proposal aligns with Senator Amy Klobuchar’s belief that greater resources would bolster investor confidence amidst the growing regulatory landscape for cryptocurrencies. Past regulatory expansions have a mixed track record: while initial volatility followed, long-term market participation increased due to institutional trust.