📢 The U.S. Senate is considering Brian Quintenz for the role of CFTC Chairman — a key step toward transferring crypto regulation to the agency! 🇺🇸

📍 During the confirmation hearings for Brian Quintenz as CFTC Chairman, he:

🔹 Emphasized that if crypto oversight is transferred to the CFTC, the agency could take a leading role in a “tech-first” approach to crypto regulation

🔹 Noted that he has a strict ethics agreement, including divestitures and internal screening, to avoid conflicts of interest (given his work with a16z and Kalshi)

🔹 Assured Senator Hyde-Smith that traditional futures markets would not be harmed, even if the agency takes on crypto responsibilities

🔹 Publicly revealed for the first time that he was debanked by UBS in 2023, as reported by CoachForGov during the hearing

🧠 Quintenz’s appointment could be a turning point: he proposes transforming the CFTC into a crypto-tech regulator while preserving its traditional functions.