The transition team of Donald Trump completed the discussions for the presidency of the U.S. Commodity Futures Trading Commission (CFTC) in the new term.

According to Bloomberg's report, prominent candidates include Brian Quintenz, who stands out especially for his experience in cryptocurrency policies.

Quintenz previously served as a CFTC Commissioner in the Obama and Trump administrations, and spearheaded the launch of the first regulated Bitcoin and Ethereum futures contracts. He currently provides policy and investment advice at a16z Crypto.

Quintenz's name is strongly mentioned for the chairmanship of the CFTC, which is thought to play a critical role in the regulation of cryptocurrencies.

Announcement may come in the near future

According to sources, Quintenz has been working intensively on crypto policies with Trump's transition team in recent weeks. During this process, it is stated that he collaborated with David Sacks, who was appointed by Trump as an artificial intelligence and crypto advisor. In addition, Marc Andreessen and Ben Horowitz, founders of a16z, actively support Quintenz's candidacy. Please provide the text to be translated The Trump administration is expected to make a statement for the CFTC chairmanship shortly after Paul Atkins is nominated as SEC chairman. In addition to Quintenz, current CFTC Commissioners Summer Mersinger and Caroline Pham, former officials Joshua Sterling and Neal Kumar are also among the candidates.