Former CFTC Commissioner Brian Quintens has been again designed to lead the agency, indicating a change in crypto regulation under the Trump administration.
Brian Quintage, a former commissioner of the Commodity Futures Trading Commission, is expected to return as president after his selection by US President Donald Trump, According To Bloomberg.
If confirmed, he will serve a word running till April 13, 2029, returns to the agency when Crypto regulation is a central issue in the financial policy.
His enrollment aligns the Trump administration with widespread efforts to reopen digital assets and regulatory inspections of derivative markets.
Quintens first served as the Republican Commissioner in CFTC from 2017 to 2021, first played an important role in the supervision of the launch of fully regulated Bitcoin (BTC) and Ethereum (Ethreum (Eth) Futures Contracts.
During his tenure, he emerged as a strong lawyer for a pro-novel regulatory framework, which is emphasizing for the clear, well-defined rules that maintain the integrity of the market, to adopt the institution Will encourage.
His attitude made him the “Crypto Mom” in the circles of the compared to SEC Commissioner Hester Peerus for the same advocacy of crypto-friendly regulation.
After leaving the CFTC, Quinance joined the Andresen Horovitz (A16Z) Crypto Division in December 2022, where he led policy efforts to influence the US Crypto rules.
Venture Capital Giants, including Solana (Sol), Uniswap (Uni), Lido Dao (LDO), Optionism (OP), and Eagenlair (Eagenlair), have consistently pushed to CFTC oversight instead of SEC. Jurisdiction.
The Crypto industry has long seen CFTC as a more sociable regulator than SEC, which has taken a strict enforcement-operated approach under the Chair Gary Gensler.
The enrollment follows the months of speculation. In December, reports came out that the Trump was considering Quintage among other candidates for the role.
Meanwhile, Trump’s newly appointed AI and Crypto Caesar, David Sachs, have underlined a plan to work with the Congress on the market structure law, indicating a push for clear digital asset rules.
The return of the quintage can mark a change of how the $ 400 trillion derivatives, including the growing stake of crypto-related products, are regulated.
Acting CFTC President Caroline Fam has expressed support for nomination, stating that he worked with Quintage on important initiative during his previous term and believes that he back to the agency back to crypto and innovation Will concentrate.
The enrollment will now go through the confirmation process, Quinance hoped to lead the agency as the US debated the future of the Crypto Market Opposition.
