Brian Quintenz, President Trump's selection to chair the Commodity Futures Trading Commission (CFTC), sees blockchain as a transformative force far beyond just finance.
In remarks prepared for his Senate confirmation hearing, Quintenz stressed that this foundational technology holds the potential to impact “every aspect of society.”
Quintenz, most recently leading policy for a16z Crypto, brings extensive global experience in crypto regulation. He plans to use this insight to help Congress craft a comprehensive framework for U.S. crypto markets, specifically addressing spot market authority.
He explicitly warned that failing to curb bad actors and fraudsters would jeopardize America’s leadership in blockchain innovation. To prevent this, he advocates for clear definitions of token classifications and assigned oversight roles for crypto trading.
Beyond digital assets, Quintenz aims to uphold the CFTC’s role as a global leader in market oversight, emphasizing risk-based regulation and robust customer protection.
His confirmation hearing comes as the CFTC faces a leadership void, with several commissioners departing amidst pushes to expand the agency’s power over crypto through the “Clarity Act.”
As U.S. lawmakers gear up for what’s being dubbed “Crypto Week,” the House of Representatives is turning its focus to a long-standing industry concern: taxation of digital assets.
The European Union has granted a total of 53 licenses under its MiCA (Markets in Crypto-Assets) regulatory framework, marking a major step toward harmonized crypto oversight across the region.
Following the passage of President Donald Trump’s sweeping tax and spending bill, House Republicans are now setting the stage for a major push on cryptocurrency legislation.
U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins has emphasized the agency’s continued focus on investor protection, addressing insider trading, market manipulation, and the evolving landscape of cryptocurrency regulation.