Trump Picks Quintenz To Lead CFTC
America ı By Rihem Akkouche
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A Controversial Choice for CFTC Leadership?
Quintenz’s ties to the crypto industry could set up a showdown over the CFTC’s enforcement stance. Under the Biden administration, the agency took a hard line on crypto firms, pursuing legal actions against exchanges and intermediaries. A16z has actively opposed such measures, filing amici briefs in defense of targeted companies. Now, with one of their own potentially in charge, questions loom over whether the CFTC will shift from an enforcement-heavy approach to a more industry-friendly regulatory framework. Critics argue that the appointment risks regulatory capture, while supporters see it as a necessary correction to years of uncertain policy.
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