CFTC nominee Brian Quintenz is lobbying crypto industry leaders for support

The nominee of President Donald Trump for the higher seat of the Commodity Futures Buying and selling Fee (CFTC), Brian Quintenz, noticed a temper with the US Senate to realize his appointment in 28 July. He has now turned to the crypto trade for help as his senate affirmation course of, in response to people who find themselves accustomed to the case.

Quintenz was nominated for the place of the chairman in February of this yr, however his vote of the Senate agricultural committee was abruptly canceled after the White Home sought -after A delay within the voting course of, as said in an earlier report from Cryptopolitan. With the Senate now in the course of the break, no progress is anticipated till September on the earliest.

Correspondent Eleanor Terrett of Fox Information reported on Tuesday that he had a gathering with leaders within the trade, who has three folks with information of the case talked about.

Industrial establishments write plea on the White Home

In keeping with the sources of Terrett, commerce associations, together with the Chamber of Digital Commerce, the Blockchain Affiliation, the Crypto Council for Innovation and the Defi Schooling Enjoyable, D are keen to ship a letter to President Trump to ask for Qudtenz to proceed.

🚨SCOOP: @CFTC nominated @brianquintenz has contacted members of the crypto trade with the crypto trade as a result of his nomination stays at nighttime, in response to three people who find themselves accustomed to the problem. The outreach comes whereas the White Home is silent for the reason that pause of his …

– Eleanor Terrett (@eleanorterrett) August 20, 2025

“Every of our organizations has had the privilege of understanding and dealing Mr Quintenz firsthand, and we will affirm his deep experience, wholesome judgment, confirmed management and integrity,” The draft letter says.

Regardless of exterior notes, paperwork have obtained by a Freedom of Info Act request inner questions on the CFTC. A launch of 166 pages consists of e-mails wherein staff talked about conflicts with regard to potential recruitments sought by the suspected workers chef of Qutenzz, Kevin Webb.

One e -mail claims that Webb needed to cut back the workers that was beforehand reduce beneath “discount within the discount”.

These worries have speculated that Quintenz may increase the workers and the finances of the company, a motion, some say collisions with the efforts of the Trump administration to cut back authorities actions and save prices.

Quintenz is confronted with trade and political opposition

Though some columns within the trade consider that the previous CFTC member is the precise man for the job, not all votes are behind his appointment. Bloomberg reported that co-founder of Gemini, previous to the deferred temper, inspired the White Home to postpone the nomination, in response to individuals who have been accustomed to the case requested for anonymity.

Kalshi, the prediction market the place Quintenz at present acts as a board member, has equipped to increase to sports activities betting. This has compelled the congress to debate whether or not there could be a battle of curiosity to have Quintenz led the CFTC. That mentioned, he promised to resign from his function at Kalshi if confirmed.

Tribal teams, the American Gaming Affiliation, On line casino lobbyists and the Nationwide Downside Gasting Council have submitted a letter to the Senate earlier than the voting of the deliberate committee, with the argument that prediction markets have been used “as a Maas within the legislation to evade the laws of the state”.

Quintenz served as a CFTC Commissioner from 2017 to 2021 to have been appointed by Presidents Obama and Trump, who gained unanimous approval of the Senate. Throughout that point he was chairman of the Know-how Advisory Committee, which organized the general public discussions of the Company on Crypto and Blockchain expertise.

It was beneath his vigilant that the US began regulating Bitcoin and Ether Futures contracts. He additionally argued for the federal government to stability its supervision and help on digital belongings between the CFTC and the US Securities and Trade Fee.

Spokeswoman Liz Huston of the White Home mentioned the administration is behind Quintenz. ‘He’ll assist carry out President Trump’s mission to make America the crypto capital of the world and we stay up for his fast affirmation“She mentioned in a press release.