Trump's CFTC pick Quintenz pledges clear crypto classification in written remarks for Senate hearing

Description

Brian Quintenz, nominee to lead the U.S. Commodity Futures Trading Commission, has pledged to provide clear classification and jurisdictional clarity for digital asset market regulation in a written statement shared ahead of his nomination hearing.

Authors

Danny Park

Publish date

June 10, 2025

Publisher

The Block

Web URL

https://www.theblock.co/post/357543/trumps-cftc-pick-quintenz-pledges-clear-crypto-classification-senate-hearing

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Meanwhile, Quintenz recently disclosed holding $3.4 million in assets, including positions in crypto-linked companies such as prediction markets platform Kalshi, which had been in a long legal battle with the CFTC.

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"I have traveled the world, meeting with other jurisdictions' regulators and government officials where I learned what they have attempted to do, what they have left to do, and what has worked well or poorly," Quintenz said, adding that he would share such insights with the CFTC and the Congress in shaping crypto regulatory frameworks.

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Quintenz previously stated he would recuse himself from matters and divest positions that would potentially cause conflicts of interest if he is confirmed as chair.

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