Trump Nominee Brian Quintenz Advocates Balanced Crypto Innovation and Regulation at CFTC Hearing
June 10, 2025
His role as the global head of policy at a16z Crypto has equipped him with valuable insights into effective regulatory practices, which he intends to apply in U.S. policymaking.
During his Senate confirmation hearing on June 10, 2025, Brian Quintenz, nominated by President Trump to chair the Commodity Futures Trading Commission (CFTC), highlighted the need to balance innovation in cryptocurrency with consumer protection.
Quintenz, who previously served as a CFTC commissioner from 2017 to 2021, has extensive experience in the crypto sector and believes blockchain technology will transform various societal aspects beyond just finance.
He urged Congress to establish a regulatory framework that would allow the full potential of digital assets to be realized, expressing his readiness to leverage his expertise to guide the agency in implementing such legislation.
Quintenz advocates for a principles-based regulatory approach that encourages responsible innovation while ensuring customer protection.
He warned that inadequate oversight could enable bad actors to undermine the U.S.'s leadership in blockchain innovation, stressing the importance of clear token classifications and oversight responsibilities.
Quintenz's confirmation hearing coincides with legislative efforts like the Clarity Act, which seeks to expand the CFTC's regulatory authority over crypto assets and create a distinct 'digital commodity' category.
The Trump administration's proposed changes would shift regulatory power from the SEC to the CFTC, granting the latter expanded authority to regulate digital assets.
As the CFTC faces a reduction in its membership, Quintenz's nomination comes at a critical time, with two commissioners resigning recently, leaving the commission with only two members.
Quintenz reaffirmed his commitment to maintaining the CFTC's leadership role in market innovation and oversight, referencing his unanimous confirmation as a commissioner in 2017.
His nomination could significantly influence the future governance of U.S. digital finance as the political climate surrounding crypto regulation continues to evolve.
The Trump administration supports the Digital Asset Market Clarity Act, which aims to broaden the CFTC's regulatory authority over the cryptocurrency industry.
Summary based on 4 sources
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Sources

CoinDesk • Jun 10, 2025
Trump's CFTC Pick Says U.S. Can Boost Crypto Innovation and Shield Consumers
Cointelegraph • Jun 10, 2025
Trump’s CFTC pick calls blockchain a society-shaping technology
Coinpedia Fintech News • Jun 10, 2025
Brian Quintenz Pledges to Tackle Crypto Regulation if Approved by Senate
Banking Dive • Jun 10, 2025
CFTC nominee Quintenz seeks to leverage crypto expertise