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Brian Quintenz, who conducts politics for Andreessen Horowitz’s cryptist team, announced the management of the Commodity Futures Commission (CFTC) on Wednesday X writing. And many in the VC industry seem to be excited about it.
CFTC regulates trading of commodity futures, options and variability, otherwise known as derivatives. Participates in the application of rules affecting some crypto.
Previously served as a commissioner for CFTC during the first Trump management A16Z biography And before, the management of SaeCulum capital has established an investment firm.
In 2021, he joined A16Z as a consultant before being a policy president for his cryptist.
His appointment received support from some major names in the industry. In the X, A16Z sent many congratulations for a crypto arm.
Brian Armstrong, coinbase co-founder and CEO, Who was reported met with President Trump In order to discuss the specifications of the staff, he placed Quintenz, who greeted the CFTC.
The President of the National Venture Capital Association, Bobby Franklin (NVCA), the Lobbic group, made a statement on the support of Quintenzin, the government and enterprise experience “will give valuable prospects for the highest regulatory body for Crypto.”
The waiting destination comes at a time when CFTC has a dispute. Actor chair, Caroline Pham, recently pulled out HR head and head The agency left a comment He made allegations against this person. This is then Bloomberg reported Internal investigations were conducted in the agency, he said.
The latest branch of Quintenz A16Z is the latest branch to find the way to the White House. Firm, Firmoner Marc Andreessen, Fried Trump supporters, the Trump management said to be silent Assistance with the recruitment of government employees.
Elsewhere, the former general partner Sriram Krishnan in A16Z, a policy advisor to the White House now; Scott Kupor is one of the managing partners of the company, He was hit by the management Personnel management office and Jamie Sullivanis another investor in the firm Rumors to be recommended Doge.
