Crypto Industry Urges Trump to Expedite CFTC Nominee Quintenz’s Confirmation

The cryptocurrency sector has rallied behind Brian Quintenz, President Donald Trump's nominee to lead the Commodity Futures Trading Commission (CFTC), after his confirmation faced unexpected delays. The White House initially intervened to pause a Senate committee vote, sparking uncertainty—though officials later reaffirmed support for Quintenz.

Gemini CEO Tyler Winklevoss had publicly opposed the nomination, but major industry groups—including the crypto Council for Innovation and Blockchain Association—countered with a joint letter urging swift confirmation. Quintenz, a former CFTC commissioner, is viewed as a potential ally for digital asset markets under the agency's oversight.

The political maneuvering highlights the growing influence of crypto lobbying efforts in Washington. With the Senate in recess, stakeholders are leveraging this interim period to solidify support for a nominee who could shape U.S. crypto regulation for years to come.