The new CFTC chairman nominated by Trump, Brian Quintenz, spoke: Blockchain will change the world and keep the United States at the forefront.

Brian Quintenz, Trump's nominee for the new chairman of the CFTC, spoke on the Senate floor and stated that blockchain will change the world, saying that he will leave a16z crypto positions and prediction markets such as Kalshi Inc. when he takes office. (Synopsis: South Korean media K Wave Media announced the establishment of bitcoin reserves: plans to buy $500 million BTC, KWM's stock price soared 135%) (Background supplement: South Korea's new president Lee Jae-myung, what is his campaign commitment to Crypto and AI? Since returning to the White House, Trump has elected Brian Quintenz as the new chairman of the U.S. Commodity Futures Trading Commission (CFTC), and he has recently stated his stance on cryptocurrencies and blockchain technology, providing clues to the future direction of regulation. Regulatory Philosophy and Blockchain Stance Kuntenz, who has been considered a crypto-friendly member in the past as a CFTC commissioner and as head of crypto policy at a16z, recently told Senators in Congress that he is the only person qualified to lead derivatives regulators such as the CFTC because the United States needs to give more power to digital assets through Congress, and he also mentioned in a Senate speech that blockchain technology has the potential to bring positive changes to financial markets. Recently, he said publicly: "Blockchain technology has great potential to change the structure of financial markets, and our role is to establish a clear regulatory framework that can not only promote responsible innovation, but also effectively protect market participants and maintain market integrity." I think blockchain is a horizontal technology that has the potential to touch all corners of society. Kunjianz will mention that the governing body should adapt to technological developments, not blindly suppress them. , in contrast to some voices seeking stricter restrictions, suggesting that if he led the policy, it could lead to a clearer path for the cryptocurrency industry. As for the problems caused by poor regulation, Kunkenz also warns that this is actually unscrupulous actors and fraud, and it also undermines America's leadership in global innovation: a comprehensive regulatory framework is needed, and market oversight responsibilities are well allocated, and clarity is important to protect users and innovation. Potential impact and challenges for the industry At the helm of the CFTC, Kunkenz is expected to push for a clearer set of digital asset regulatory rules, which could include clarifying the legal positioning of different types of crypto assets (such as securities or commodities) and providing clearer compliance guidance for exchanges and intermediaries. Kunkenz also said that if his new position as CFTC is confirmed, he will leave related positions such as a16z and Kalshi Inc. (prediction market) to avoid a possible conflict of interest with the existing company. Despite the U.S. move toward crypto-friendliness, there is still duplication and gray areas in cryptocurrency jurisdiction between the CFTC and agencies such as the Securities and Exchange Commission (SEC), and the development and implementation of new policies still require cross-agency coordination and pressure from Congress and different interest groups. In addition, blockchain technology itself is still evolving rapidly, and any regulatory framework needs to remain flexible to accommodate future changes. Related reports Satoshi Nakamoto became the 11th richest person in the world, surpassing Warren Buffett and Jensen Huang... Wallet sleeps for 16 yearsBitcoin is worth $120 billion Meta signed a 20-year nuclear power agreement" to package an entire nuclear reactor to support AI computing power, cooperate with American Constellation Energy Think Bitcoin consumes electricity? Research: AI power consumption will surpass BTC mining at the fastest end of 2025 (Brian Quintenz, new chairman of the CFTC nominated by Trump: Blockchain will change the world and keep the United States ahead) This article was first published in BlockTempo's "Dynamic Trends - The Most Influential Blockchain News Media".