Key Takeaways
- President Trump plans to nominate Brian Quintenz from a16z as CFTC chair.
- Brian Quintenz has experience with Bitcoin and Ethereum futures regulation at the CFTC.
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President Donald Trump plans to nominate Brian Quintenz, Head of Policy at a16z crypto, to lead the Commodity Futures Trading Commission, Bloomberg Law reported Tuesday, citing a White House document reviewed by Bloomberg News.
Quintenz previously served as a Republican commissioner at the CFTC during both the Obama and Trump administrations, where he oversaw the implementation of the first fully-regulated Bitcoin and Ethereum futures contracts. The CFTC serves as the primary US regulator for the approximately $400 trillion swaps market and other derivatives.
In his current role, Quintenz advises a16z on crypto policy and investments. According to a December report from Bloomberg, he worked with the Trump transition team on crypto policy matters ahead of Trump’s inauguration, collaborating with David Sacks, Trump’s designated AI and Crypto Czar. His candidacy has received support from a16z co-founders Marc Andreessen and Ben Horowitz.
The White House document also revealed Trump’s plans to nominate Jonathan Gould as Comptroller of the Currency and Jonathan McKernan as director of the Consumer Financial Protection Bureau.
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