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Trump will appoint a16zencryption policy chief Quintenz to lead the Commodity Futures Trading Commission
According to the document sent by the White House to Congress, U.S. President (Donald Trump) plans to select Brian Quintenz, the policy head of a16z Cryptocurrency department, to lead the Commodity Futures Trading Commission (CFTC(. It is expected that he will promote reform, which may help CFTC become the preferred regulatory agency for Cryptocurrency.
a16z policy director Brian Quintenz may become the chairman of the CFTC
According to Bloomberg, President Donald Trump plans to choose Brian Quintenz, policy director of a16z Cryptocurrency department, as the chairman of the Commodity Futures Trading Commission (CFTC), the primary regulatory agency overseeing approximately $400 trillion of derivative products in the United States.
Quintenz previously founded the hedge fund Saeculum Capital Management and also worked on Capitol Hill. During his tenure as a CFTC commissioner in the first term of the Trump administration, he actively promoted emerging financial services such as digital asset derivatives and event contracts. After leaving office, he joined the well-known venture capital firm a16z Crypto, continuing to promote and advocate for more crypto-friendly regulatory policies, and also joined the board of the prediction market Kalshi.
According to the same document, Trump will also appoint Jonathan Gould as the Director of the Currency Supervision Bureau; and Jonathan McKernan as the Director of the Consumer Financial Protection Bureau. In recent days, the acting Director of the Consumer Financial Protection Bureau, Russell Vought, has also been leading the White House Management and Budget Office ) to order the suspension of most of the agency's work.
The future remains to be seen whether a new regulatory chapter can be opened after the new personnel appointments.
This article Trump will appoint a16z encryption policy chief Quintenz to lead the Commodity Futures Trading Commission first appeared on Chain News ABMedia.