PANews reported on February 13 that Brian Quintenz posted on the X platform that he was honored to be nominated by US President Trump as the Chairman of the Commodity Futures Trading Commission (CFTC) . He previously served as a CFTC commissioner in Trump's first administration. He said that the CFTC plays a key role in maintaining the world's leading hedging and price discovery market, and believes that the agency has the ability to ensure that the United States remains a global leader in blockchain technology and innovation.
Hester Peirce, a member of the U.S. Securities and Exchange Commission (SEC), congratulated Quintenz and looked forward to closer cooperation between the SEC and the CFTC on cryptocurrency regulation, saying that the focus this time will be on crypto regulation rather than the Chapter VII reform of the Dodd-Frank Act after the last financial crisis.
