According to the Trump administration, a list of new candidates is studying to lead the commodity futures trading committee, with Brian Quintns confirmation stopping.
Among the new candidates being discussed Michael Celig, the chief adviser to the workplace in the Securities and Stock Exchange Committee, the former asset management lawyer and Tyler Williams, the Treasury Advisor to the Digital Asset Policy, who was previously working in Galaxy Digital.
Cointelegraph called CFTC for more details, but she did not receive an immediate response.
Brian Quintns nomination hit a wall in July after Tyler Winkelvos, co -founder of Gemini, asked Donald Trump to stop the operation, expressing frustration with the Biden administration campaign against his company.
He said at the time: “7 years of the Lawfare Cup hunting. It is obscene what they did to us.” Then the White House asked the Senate to stop the planned vote.
Earlier this month, Quintenz publicly suggested Trump “may have been misleading” by Twinkvoss Twins, and posted footage of private messages on X.
Related to: The coding defense groups doubled in the assertion of Quintenz in CFTC amid a reaction
Winklevoss twins bend its influence
The Wall Street Journal described the situation as Winkefus twins as “praising Washington's influence” after supporting the Trump campaign with millions of dollars in donations.
CFTC is suffering from a lack of employees, with Acting Chairman Caroline Fam remaining only after various recent resignations. At the same time, the agency is expected to obtain expanded supervision of encryption assets under suspended legislation.
Meanwhile, the White House has not officially emitted away from Quintns, but it explores alternatives while intensifying discussions about new candidates recently.
Promote encryption progress
CFTC has recently made several moves in favor of the encryption industry in the United States, such as allowing external exchanges to serve American citizens under an initiative called “Crypto Sprint”.
In August, the committee launched an initiative to enable the circulation of “immediate encoding contracts” in the future exchanges registered in CFTC.
The pro -bacterial agency head is likely to extend the progress of friendly legislation in the United States.
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