CFTC's new chairman nominee: The United States can maintain global leadership in blockchain and cryptocurrency regulation

Brian Quintenz posted on X platform that he is honored to be nominated by US President Trump as the Chairman of the Commodity Futures Trading Commission (CFTC), having previously served as a CFTC commissioner in Trump's first administration. He stated that the CFTC plays a crucial role in maintaining a globally leading hedge and price discovery market, and believes that the agency has the ability to ensure that the United States maintains its global leadership in blockchain technology and innovation. US Securities and Exchange Commission (SEC) Commissioner Hester Peirce congratulated Quintenz and looked forward to strengthened cooperation between the SEC and CFTC in cryptocurrency regulation, stating that the focus this time will be on cryptocurrency regulation, rather than Chapter 7 reform of the Dodd Frank Act after the last financial crisis.