Brian Quintenz, the crypto policy head at Andreessen Horowitz (a16z), has been selected by President Donald Trump to lead the Commodity Futures Trading Commission (CFTC). His appointment has raised expectations for a shift towards a more crypto-friendly regulatory stance, particularly regarding the $400 trillion derivatives market. Quintenz previously served as a CFTC commissioner from 2017 to 2021 and has been a strong advocate for innovation in the crypto sector. His return is seen as pivotal amidst ongoing discussions in Congress about enhancing the CFTC's authority over cryptocurrencies, which the industry prefers over the SEC’s oversight. The Trump administration aims for changes in crypto regulation, with plans for new legislation to support digital asset innovation. Quintenz's tenure at the CFTC is projected to begin on April 13, 2029, alongside new appointments, indicating a broader trend towards reforming crypto regulations at the federal level.

Source 🔗