President Trump has appointed Brian Quintz He chairs the Commodity Futures Trade Commission (CFTC) in a move that is widely supported by the cryptocurrency community.
Quintenz, Head of Global Policy Andreessen Horowitz's A16Z Crypto Armwas the commissioner of Trump's first administration agency.
“@CFTC plays a key role in maintaining the robust hedging and price discovery market for the Earth's vy hope,” Quintenz said in a post on Social Platform X.
“The agency is also poised to ensure that the US leads the world in blockchain technology and innovation,” he continued.
Quintenz's nomination was well received by the industry, with Crypto leaders offering to congratulate them.
“His true experience in the crypto industry, along with his knowledge of the CFTC, is perfectly suited to lead an agency, and is in line with President Trump's vision for US crypto,” said Blockchain. Christine Smith, CEO of the association, said in a statement.
The CFTC is one of two regulatory bodies; Securities and Exchange Commission (SEC)it oversees the crypto industry.
In recent years, Crypto companies have made it clear to two agencies when Digital Assets is regulated by the SEC and CFTC, urging efforts to establish something more clear. Market structure Through the law.
