After President Donald Trump’s administration stepped in to delay the confirmation of his own pick to run the Commodity Futures Trading Commission, a mostly united crypto industry is now stepping out to cheer on the nominee, Brian Quintenz, sending the president a letter urging a quick approval.
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The confirmation of the former CFTC commissioner as the regulatory agency’s new head — and likely future leading voice in overseeing the U.S. crypto markets — had been stymied at the second-to-last procedural hurdle when the White House asked the Senate Agriculture Committee to halt its vote to forward Quintenz’s nomination to a final floor vote.
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That unexplained move — preceded by vigorous opposition against his candidacy from Gemini CEO Tyler Winklevoss —
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