Crypto Lobby Mobilizes for Quintenz as CFTC Chair

Brian Quintenz, nominated by President Trump to lead the Commodity Futures Trading Commission (CFTC), is facing a significant political roadblock in his confirmation process. Seven prominent digital asset lobbying groups have united behind him, urging swift action from President Biden and leveraging their collective influence to break the deadlock. This coordinated effort follows two canceled Senate votes and opposition from influential figures like the Winklevoss twins, who are reportedly advocating for another candidate.