Brian Quintenz, President Trump's CFTC nominee, described blockchain as a transformative technology impacting all sectors. He called for clear U.S. crypto regulations to define token classes, oversee markets, protect users, and maintain leadership. Quintenz warned that inadequate regulation could lead to fraud and undermine U.S. dominance. Drawing from his experience at a16z Crypto, he supports risk-based regulation, international alignment, and strong customer protection. He praised the CFTCโ€™s principles-based approach but noted regulatory gaps due to turnover, with legislation like the Clarity Act aiming to expand the CFTCโ€™s authority.

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