Crypto Lobby Unites to Push for Brian Quintenz as CFTC Chair
Seven major cryptocurrency lobbying groups have formed a rare coalition to urge President Trump to advance Brian Quintenz's stalled nomination as Chairman of the Commodity Futures Trading Commission. The groups argue his experience is vital as the CFTC prepares for expanded oversight of digital assets.
The Senate Agriculture Committee has twice cancelled votes on Quintenz's nomination, prompting speculation about behind-the-scenes opposition. The Winklevoss twins are among those reportedly opposing the nomination, though their reasons remain unclear.
This coordinated push represents a significant show of force from an industry often divided on regulatory matters. The unified front includes influential organizations like the crypto Council for Innovation and Blockchain Association, signaling the high stakes for crypto markets.