Brian Quintenz, the pinnacle 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 listing of candidates to steer 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
$99,778.74
and Ethereum
$3,875.40
futures, which marked a significant 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 concerning the want for clear, sensible crypto rules. He has been crucial of the US Securities and Alternate Fee (SEC) for what he sees as its strict strategy to the business.
In response to Bloomberg, the ultimate choice is predicted quickly, as interviews for the function are wrapping up. Different potential candidates embody present CFTC Commissioners Summer time Mersinger and Caroline Pham, together with authorized consultants Joshua Sterling and Neal Kumar.
If chosen for the CFTC chair, Quintenz may 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 surroundings.
Over on the SEC, Trump has reportedly named Paul Atkins as a candidate for its chair. What may 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 Conflict II period.With near a decade of expertise within the FinTech business, Aaron understands all the largest points and struggles that crypto lovers face. He’s a passionate analyst who is worried with data-driven and fact-based content material, in addition to that which speaks to each Web3 natives and business newcomers.Aaron is the go-to particular person for all the pieces and something associated to digital currencies. With an enormous ardour for blockchain & Web3 training, Aaron strives to rework the area as we all know it, and make it extra approachable to finish rookies.Aaron has been quoted by a number of established retailers, and is a printed writer himself. Even throughout his free time, he enjoys researching the market traits, and in search of the following supernova.
