Trump’s CFTC Pick Brian Quintenz Faces Crypto Questions at Senate Hearing 🇺🇸
Brian Quintenz, nominated by President Donald Trump for the position of Commodity Futures Trading Commission (CFTC) chairman, faced a series of questions regarding cryptocurrency during his Senate confirmation hearing. Quintenz highlighted that regulating cryptocurrencies is a top priority, emphasizing the need to strike a balance between fostering innovation and ensuring consumer protection.
He mentioned that new market structure legislation might position the CFTC as the primary regulator for digital commodities like bitcoin in the U.S., and he welcomed this potential role for the agency.
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