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Former CFTC commissioner supports the Commodity Futures Trading Commission in gaining regulatory authority over the cryptocurrency Spot market.
On June 10, according to crypto journalist Eleanor Terrett, former Commodity Futures Trading Commission (CFTC) commissioner Brian Quintenz will speak today at 3 PM Eastern Time at a Senate Agriculture Committee confirmation hearing. His prepared remarks indicate that Quintenz clearly supports Congress granting the CFTC new jurisdiction over the spot crypto commodity market. Quintenz stated: This could be the most exciting and significant moment in CFTC history.