New Chair of the Commodity Futures Trading Commission (CFTC) to be Crypto-Friendly
President-elect Donald Trump’s transition team is considering crypto-friendly candidates for the next chair of the Commodity Futures Trading Commission (CFTC), according to reports.
Potential Candidates
- Summer Mersinger, current CFTC Commissioner
- Brian Quintenz, a16z crypto policy chief and former CFTC commissioner
- Marco Santori, Kraken’s chief legal officer
Sources have identified Brian Quintenz and Summer Mersinger as the top contenders for the position.
Crypto-Friendly Front-Runners
Both Quintenz and Mersinger have extensive experience in crypto policy and are seen as advocates for innovation in the industry.
Mersinger is known for her focus on crypto innovation and consumer protection, while Quintenz has a history of supporting a regulatory environment that fosters crypto innovation.
Regulatory Priorities
- Clarity and innovation in the US crypto industry
- Preference for CFTC as the primary regulator for crypto
Optimism for Crypto Industry under Trump Administration
The incoming Trump administration has shown a positive attitude towards the crypto industry, with key appointments reflecting a pro-crypto stance.
In addition to Quintenz and Mersinger, other candidates being considered for the CFTC chair position include Caroline Pham, Neal Kumar, and Josh Sterling.
The Trump transition team is focusing on selecting a candidate who aligns with its vision for the future of the crypto industry.
