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Quintenz’s Path to CFTC Throne Hits Another Roadblock – Will He Ever Reign as U.S. Crypto Watchdog?
Quintenz’s Path to CFTC Throne Hits Another Roadblock – Will He Ever Reign as U.S. Crypto Watchdog?
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Another delay for the would-be crypto sheriff.
Brian Quintenz—the ex-CFTC commissioner eyed as the agency's next crypto czar—just got stonewalled again. Washington's bureaucratic machinery grinds slower than a proof-of-work blockchain.
The holdup: Senate politics (shocking) and last-minute procedural hurdles (predictable). The nomination's stuck in committee limbo—again—despite bipartisan support for his crypto expertise.
Why it matters: The CFTC's been begging for clearer crypto authority. Meanwhile, the SEC's empire-building continues unchecked. Regulatory arbitrage, anyone?
Wall Street's already placing bets on whether Quintenz gets confirmed before the next Bitcoin halving. Spoiler: The over/under isn't looking great.
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