{"id":158287,"date":"2025-05-29T10:00:53","date_gmt":"2025-05-29T07:00:53","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=158287"},"modified":"2025-05-28T14:45:21","modified_gmt":"2025-05-28T11:45:21","slug":"president-trumps-cftc-pick-discloses-millions-in-crypto","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/president-trumps-cftc-pick-discloses-millions-in-crypto\/","title":{"rendered":"President Trump’s CFTC Pick Discloses Millions in Crypto"},"content":{"rendered":"

In newly released ethics filings<\/a><\/strong>, Quintenz reported more than $3.4 million in confirmed<\/a><\/strong>\u00a0and stakes in firms tied closely to the digital asset space. The former CFTC commissioner\u2014now crypto policy chief at Andreessen Horowitz (a16z)\u2014confirmed he would step down from that role if appointed as chair.<\/p>\n

His financial interests span multiple a16z-affiliated funds and equity in companies like prediction market Kalshi and fintech firm Next Level Derivatives. Both operate in areas the CFTC actively regulates, making Quintenz\u2019s portfolio particularly sensitive.<\/p>\n

To avoid potential conflicts, he pledged to divest from related holdings, recuse himself from any decision-making linked to these entities, and step away from all board and advisory roles within 90 days of taking office. Notably, he committed to sidestepping all a16z matters for two years and Kalshi-related decisions for one.<\/p>\n