Donald Trump’s CFTC Chair Nominee Talks About Cryptocurrencies! Will Months-Awaited Approval Come?

US President Donald Trump formed his own executive team after officially taking office on January 20.

While there are still gaps, Trump’s CFTC chairman nominee Brian Quintenz is preparing for his nomination hearing.

As is known, Brian Quintenz was nominated by Trump in February and will appear at a nomination hearing in the Senate Agriculture Committee on Tuesday.

On this point, Quintenz shared a written statement ahead of the nomination hearing, promising to provide a clear classification and judicial clarity for cryptocurrency market regulation.

“The time has come for a comprehensive regulatory framework for cryptocurrencies, including clarity of classification and clear jurisdiction for trading market supervision.

“I am fully prepared to use my experience and expertise to assist in this effort, to fulfill any expanded mandate that may arise if the legislation is enacted.”

Quintenz, who has significant experience working as head of policy at a16z Crypto (the digital asset arm of Andreessen Horowitz), said he is prepared to support and shape U.S. leadership in the crypto sector with his experience.

“I’ve traveled the world, met with regulators and government officials in other jurisdictions and learned what they’re trying to do, what they should do, and what’s working well or poorly. With my experience and knowledge, I’m ready for the United States,” CFTC nominee Quintenz said.

The nomination hearing is scheduled for June 10.

*This is not investment advice.