“As US President Donald Trump’s Chairman Nominee, Brian Quintenz, Remains in a Confirmation Holding Pattern, The CFTC Starts Another “Crypto Sprint.””, – WRITE: www.coindesk.com
The CFTC, WHICH REGULATES US DERIVATIVES TRADING AND WOURT Assume Oversight of the Bulk of US Crypto Trading Under Congress Report. SO PHAM, WHO President Donald Trump Named Acting Chairman Earlier This Year, Directed The Agency to Start Taking Industry Input on Meeting What Become “A Top Priority.
“I am beginning stakeholder engagement on all of the report report recommendations for the CFTC with the Full Support of the President’s Working Group on Digital Asset Markets to Operaizealaise Crypto, “Pham Said in A Statement. The Agency Is Formally Requesting Public Comments on Fulfilling the Report’s Recommendations, Opening A Two-Month Window for Input.
The CFTC is Facing Potential Leadership Drama, with Pham Having SAID She’s on Her Way Out and the Confirmation Process to Make Former Commission Brian Quinteenz The Chairman Deliered. Quintenz Drew Open Criticism from Tyler Winklevoss, CEO OF GEMINI, Who Is Among Trump’s Inner Circle For a quica Approval of his nomination. For Reasons It Never Detailed, The White House Delayed What was a Have Been A Final Committee Vote to Send Quintenz’s Confirmation to the Senate Floor, It’s Reportly Still Backing Him.
After stitch in his confirmation, the Senate Went on It August Break, Further Forestalling the Resolution of the CFTC Chairmanship, with Pham Poured to Leave and The Oto -Sitting Commission Commission Planning to go. Even if Quintenz is Quickly ConfirMed After The Senate’s Summer Recess, He May Take Over and OtherWise Empty Five-Member Commission.
Meanwhile, Pham Said The CFTC’s Renewed Crypto Effort Is Meant to Operate Alongside “Project Crypto” Recently Announced by Paul Atkins, The Trump Commission. This is a followup to the “crypto sprint 1.
Read More: US CFTC Considers ALLOWING SPOT Crypto Trading on Registered Futures Exchanges
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Trish Turner, The US International Revenue Service Veteran Running ITS Digital Assets Effort, Is The Latest Senior Official Leaving for the Private Sector.
- Another Top Internal Revenue Service Crypto Official Is Out the Door, Just As the Agency Is About to Be Hit with A Tidal Wave of Crypto Tax Filings.
- Trish Turner is Leaving, Following Closely on the Heels of Two Other High-Profile Departures Spurred by President Donald Trump’s Effrts to Slash Staffing at Federal Agencies.
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