Venture capitalists are showing strong support for the nomination of Brian Quintenz, a policy executive at Andreessen Horowitz’s crypto team, to lead the Commodity Futures Trading Commission (CFTC). This key regulatory body oversees the trading of derivatives and cryptocurrencies.
Quintenz previously served as a CFTC commissioner under the first Trump administration, and his experience in both government and venture capital is seen as valuable for shaping regulations in the rapidly evolving crypto market.
Industry leaders have expressed their enthusiasm for Quintenz’s nomination. Brian Armstrong, CEO of Coinbase, welcomed his appointment, as did Bobby Franklin, President of the National Venture Capital Association, who noted his expertise in both sectors.
Quintenz’s nomination comes amid ongoing controversy at the CFTC, including investigations and allegations within the agency. His appointment raises questions about Andreessen Horowitz’s growing influence in the Trump administration, with several former and current affiliates holding key roles in the White House and regulatory agencies.
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