Posts

Showing posts with the label staff exodus

Trump CFTC Chair Pick Brian Quintenz Reveals Crypto Ties Amid Staff Exodus

Image
Donald Trump’s pick to lead the Commodity Futures Trading Commission (CFTC), Brian Quintenz, has revealed multiple ties to the crypto industry amid a staff exodus at the regulator due to the President’s pro-crypto stance. In a letter  released by the US Office of Government Ethics on May 25, Quintenz revealed his positions in crypto and market firms that would fall under the CFTC’s regulatory priorities.  One of his commitments is as a board member for the decentralized betting platform Kalshi, which settled a legal battle with the CFTC earlier this month. He is also currently the head of crypto policy at Andreessen Horowitz. Brian Quintenz Will Take Steps To Avoid Conflicts Of Interest In His New Role Given Quintenz’s roles at Kalshi and Andreessen Horowitz, his portfolio currently intersects directly with two main policy areas within the CFTC – crypto asset regulation and prediction markets.  🚨 Trump’s CFTC pick, Brian...