US President Donald Trump's nominee for Commodity Futures Trading Commission chair, Brian Quintenz, has revealed assets worth millions and connections to crypto-related groups. Quintenz, a former CFTC commissioner and current global head of crypto policy at Andreessen Horowitz, disclosed assets over $3.4 million and ties to firms like Kalshi and Next Level Derivatives. His portfolio directly impacts CFTC's focus on crypto asset regulation and prediction markets. To avoid conflicts of interest, Quintenz plans to resign from positions, divest conflicting assets, and recuse himself from related matters. Trump nominated Quintenz in February, awaiting Senate confirmation amidst a wave of commissioner departures. Democrat Commissioner Kristin Johnson plans to leave, while others have already stepped down. Quintenz's disclosures shed light on potential regulatory priorities and conflicts within the CFTC. Read more AI-generated news on: https://app.chaingpt.org/news