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Donald Trump Appoints A16z Manager to Head CFTC

Donald Trump Appoints A16z Manager to Head CFTC

HappyCoinNewsHappyCoinNews2025/02/14 08:00
By:HappyCoinNews

Donald Trump has appointed Brian Quintenz, the current head of policy at a16z Crypto, to serve as Chairman of the Commodity Futures Trading Commission (CFTC). He will hold the position until April 13, 2029.

Quintenz served as a commissioner at the CFTC during Trump's first term and was instrumental in launching the first fully regulated futures contracts on Bitcoin и эфириум . Quintenz's crypto-friendly stance has led to comparisons to U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce, also known as the crypto mom.

In 2022, he joined venture capital firm Andreessen Horowitz (a16z). There, he continued to promote cryptocurrencies. The venture capital giant is now investing in Solana , Uniswap , Lido DAO , Optimist, EigenLayer, and also advocates for digital assets to be regulated by the CFTC rather than the SEC.

While the White House has yet to formally announce Quintenz’s appointment, key industry figures have already endorsed him. Coinbase CEO Brian Armstrong and other crypto industry leaders have said he would be a good leader.

Cryptocurrency attorney Jeremy Hogan emphasized that the CFTC chairman could become a more influential figure in cryptocurrency regulation than the SEC leadership, and called Quintenza a strong candidate for the commission's chairmanship.

EN @happycoinnews
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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