Quintenz’s Path to CFTC Throne Hits Another Roadblock – Will He Ever Lead US Crypto Regulation?

Another delay for the crypto world's would-be sheriff. Brian Quintenz – the ex-CFTC commissioner eyed as the agency's next chair – just got stalled again on his march toward the top job. Washington's favorite revolving door keeps spinning.

Regulatory limbo continues

The procedural holdup (yet another one) means America's multitrillion-dollar crypto markets keep waiting for clear oversight. Meanwhile, the SEC's Gensler keeps playing whack-a-mole with unregistered securities – when he's not busy getting outmaneuvered by exchange lawyers.

Wall Street's watching

Hedge funds and market makers are placing bets on whether Quintenz's CFTC will finally bring order to crypto's wild west. Or if this is just more bureaucratic theater while the real power stays with the banks. After all, nothing moves fast in DC – except money leaving regulated markets.