Crypto Industry Rallies Behind Trump’s CFTC Pick Amid Political Tensions

President Trump’s nomination of Brian Quintenz to chair the CFTC has sparked a factional battle within the crypto industry. While the Winklevoss twins reportedly urged Trump to rescind the nomination, major trade groups—including the Digital Chamber, Blockchain Association, and DeFi Education Fund—have thrown their weight behind Quintenz. Their joint letter lauds his deep expertise and proactive stance on digital asset policy, framing him as a champion of innovation.

The nomination’s delay contrasts with the swift approval of SEC Chair Paul Atkins, hinting at unresolved tensions in Washington. Quintenz’s allies emphasize his understanding of crypto as a foundational technology, not just a financial tool. The industry’s divided response underscores broader debates over regulation and the future of digital assets in the U.S.