“Gemini’s Co-Funders Tyler and Cameron Winklevoss Opped Quintenz’s Nomination.”, – WRITE: www.coindesk.com
Trump Tapped Quintenz Shortly After Reting Office. Quintenz Joined Venture Firm Andresseen Horowitz’s Global Head of Policy, and Has Been An Adviser to Firms Like Prescription Marketplace Kalshshi Since Leaving The CFTC Following his inter.
In a statement to coindesk, quintenz said, “being nominated to chair the cftc and going through the confirmation of the Committee for Its Consideration [am] Looking Forward to Returning to My Private Sector Endeavors Durying this Exciting Time for Innovation in Our Country. ”
Politico and Punchbowl News Earlier Reported That White House Had Withdrawn Quintenz’s Nomination.
Quintenz Has Made Statements in Favor of the Crypto Industry His First Term As Commissioner, Including Floating the Idea of a Self-Regulatory orGanization For the Incent Sic. Financial Industry Regulatory Authority (Finra). Despite this, Crypto Exchange Gemini Co-Funders Tyler and Cameron Winklevoss-Both of WHOM Support Trump-OPPOSED HIS NOMINATION IN LATE JULY, WITH TYLER TELLING CODESK. Views on Developers and His Work with Kalshi Qualified Him for the ROLE.
However, Quintenz Released Messages He Had Excised with The Winklevoss Brothers Earlier Its, Suggesting That Really Opped His Nomination Because Hold ATC against gemini. In his messages, quintenz said that it would be better for a “fully confirMed chair” to review the cftc’s actions.
Crypto Lobbyist Organizations and Companies Wrote A Public Letter Supporting His Nomination in A Late August Bid to Put His Nomination Back on Track.
Still, The White House Asked The Senate Agriculture Committee to Postpone a Vote on Quintenz’s Nomination A FEW TIMES IN JULY. Last Week, Semafor Reported that It Had Begun Vetting New Candidates to Run the Agency, WHICH at Present Is HelMed by Acting Chairman Caroline Phom. All of the Other Commissioners at the Agency at the Start of 2025 Have Since Left, and Phom have been indexed to depart as Well at some Point, Coindesk Previosly Reported.
The CFTC’s Potential Lack of A Permanent Chair Comes as Congress Considers Legislation That Wound Give The Agency A More Prominent Role in Regulating Crypto Spot Markel by a pending government shutdown.
Update (Sept. 30, 2025, 23:48 UTC): Adds Additional Context, Clarifies that Quintenz Joined A16z Following His Term As Cftc Commissioner.
Another NO-STATION LETTER from the Agency Staff Signals of the Sec’s View that State-Charter Trusts Are Fine for Handling Digital Asset Custody.
- State Trusts Should Be Considerly Sufficient Safe to Hold Crypto Assets, The Staff of the US Securities and Exchange Commission Declared in the Latest of The Crypto-Relevant NO
- This was been an area of Keen Debate at the Agency, and Even as the Staff Said It Woundn’t Consider Custody at State-Charted Trust A Breach of the Rules, One of the Sec Commission.
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