Brian Quintenz, the top of coverage at Andreessen Horowitz (a16z) and a former commissioner of the Commodity Futures Buying and selling Fee (CFTC), is reportedly on President-elect Donald Trump’s record of candidates to guide the company.
Quintenz stands out due to his expertise in each the private and non-private sectors. As a CFTC commissioner from 2017 to 2021, he performed a key function in serving to the company embrace digital belongings.
He oversaw the introduction of the primary regulated Bitcoin
$99,947.34
and Ethereum
$3,913.30
futures, which marked a serious step ahead in integrating crypto into mainstream monetary markets.
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He additionally pushed for extra discussions of decentralized finance (DeFi), which focuses on innovation with out sacrificing market integrity.
After leaving the CFTC, Quintenz joined a16z, the place he has been vocal in regards to the want for clear, sensible crypto laws. He has been vital of the US Securities and Alternate Fee (SEC) for what he sees as its strict method to the trade.
In keeping with Bloomberg, the ultimate resolution is anticipated quickly, as interviews for the function are wrapping up. Different potential candidates embody present CFTC Commissioners Summer season Mersinger and Caroline Pham, together with authorized consultants Joshua Sterling and Neal Kumar.
If chosen for the CFTC chair, Quintenz might assist settle the continuing debate over who ought to regulate crypto—CFTC or SEC. His appointment may additionally sign a shift towards a extra innovation-friendly regulatory atmosphere.
Over on the SEC, Trump has reportedly named Paul Atkins as a candidate for its chair. What might his appointment imply for the crypto neighborhood? Learn the total story.
Having accomplished a Grasp’s diploma in Economics, Politics, and Cultures of the East Asia area, Aaron has written scientific papers analyzing the variations between Western and Collective types of capitalism within the post-World Warfare II period.With near a decade of expertise within the FinTech trade, Aaron understands the entire greatest points and struggles that crypto fanatics face. He’s a passionate analyst who is anxious with data-driven and fact-based content material, in addition to that which speaks to each Web3 natives and trade newcomers.Aaron is the go-to individual for every thing and something associated to digital currencies. With an enormous ardour for blockchain & Web3 training, Aaron strives to remodel the house as we all know it, and make it extra approachable to finish learners.Aaron has been quoted by a number of established retailers, and is a broadcast writer himself. Even throughout his free time, he enjoys researching the market traits, and searching for the subsequent supernova.
