Brian Quintenz, the current Chief of Policy at a16z, has reportedly emerged as the top contender to lead the Commodity Futures Trading Commission (CFTC) under President-elect Donald Trump’s administration.
According to a Bloomberg report, anonymous sources familiar with the matter stated that Trump’s transition team has interviewed Quintenz for the position of CFTC chair.
Quintenz’s extensive expertise in cryptocurrency policy, combined with his tenure as a CFTC Commissioner under both the Obama and Trump administrations, further supports his candidacy. During his time at the CFTC, the crypto advisor played a key role in the launch of the first fully regulated Bitcoin and Ethereum futures contracts, a major milestone in the regulation of digital assets.
Recent reports shared that Quintenz has been actively collaborating with the Trump transition team on crypto policy issues. In particular, Quintenz has worked closely with David Sacks, Trump’s appointed AI and Crypto Czar, to help shape the administration’s stance on digital assets.
As part of a broader strategy to establish clearer rules, the CFTC is expected to take on a larger regulatory responsibility and oversee new crypto products like Bitcoin and Ethereum spot ETFs.
Additionally, the agency will have increased authority over the options market, which has introduced a variety of crypto-related products this year.
Quintenz’s professional background spans both digital assets and traditional finance sectors. Prior to his tenure at the agency, the former CFTC commissioner founded Saeculum Capital Management, a hedge fund firm, where he gained extensive experience in investment strategies. He also worked on Capitol Hill, contributing to legislative efforts and policy development.
As commissioner, Brian Quintenz worked on fostering collaboration between the CFTC, the U.S. Securities and Exchange Commission (SEC), and other regulatory bodies to address the growing challenges posed by cryptocurrency markets.
Current CFTC commissioners Caroline Pham and Summer Mersinger are also potential candidates for the role of chair.
The announcement of the next CFTC Chairman is expected to be made in the coming days.
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Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.