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 position in serving to the company embrace digital belongings.
He oversaw the introduction of the primary regulated Bitcoin
$99,981.52
and Ethereum
$3,878.26
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 in regards to the want for clear, sensible crypto laws. He has been important of the US Securities and Change Fee (SEC) for what he sees as its strict strategy to the business.
In accordance with Bloomberg, the ultimate determination is predicted quickly, as interviews for the position are wrapping up. Different potential candidates embrace present CFTC Commissioners Summer season Mersinger and Caroline Pham, together with authorized specialists 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 also sign a shift towards a extra innovation-friendly regulatory setting.
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 complete 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 Battle 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 individual for every little thing and something associated to digital currencies. With an enormous ardour for blockchain & Web3 training, Aaron strives to remodel 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 broadcast creator himself. Even throughout his free time, he enjoys researching the market developments, and in search of the subsequent supernova.
