#BRIAN QUINTENZ

[cryptogirl2024]

Brian Quintenz, a former commissioner of the U.S. Commodity Futures Trading Commission (CFTC), has been highlighted for the CFTC Chair post in Trump’s administration. If confirmed as the leader, Quintenz can play a significant role in further developing U.S. cryptocurrency regulation. He has equal experience in normal finance and digital asset industries, which makes him a good candidate for the position.

According to a Bloomberg report on Thursday, Quintenz recently appeared for an interview for the position. He was appointed to the CFTC as a Republican commissioner from 2017 to 2021. He is currently the head of Crypto Policy at a16z Crypto, the digital assets division of Andreessen Horowitz. He has the policy experience and innovative ideas needed for the future of the financial industry.

The other people who could be considered for the positions are the current Republican CFTC commissioners Summer Mersinger and Caroline Pham. Speculations claimed that the past CFTC Chair, Christopher Giancarlo, with the nickname ‘Crypto Dad,’ may return to the same position. However, Giancarlo has come out to the public to debunk these speculations.

[36crypto]

Brian Quintenz Poised to Lead CFTC, Could Usher in Crypto-Friendly Regulatory Shift

According to a recent Bloomberg report, Brian Quintenz, the head of crypto policy at Andreessen Horowitz, is on track to take the reins of the Commodity Futures Trading Commission (CFTC). Quintenz, a former CFTC commissioner, is a key figure who could guide the agency toward a more crypto-friendly approach. This move has been eagerly anticipated by cryptocurrency industry leaders who have long…

[cgnews]

Andreessen Horowitz (a16z) calls Donald Trump reelection 'significant' for US crypto industry

Venture capital firm Andreessen Horowitz (a16z) views Donald Trump‘s reelection as a significant catalyst for the US crypto industry. In a Nov. 11 post, firm leaders Miles Jennings, Brian Quintenz, and Michele Korver shared their optimism that this political shift could bolster bipartisan efforts and open doors for US-led crypto innovation on a global scale. The executives acknowledged past…

[ailtrahq]

A raft of Ethereum futures exchange-traded funds (ETFs) went live in the United States this week following SEC approval, marking a first for the asset. Moreover, it may be a signal that the Security and Exchange Commission is softening its stance against ETH, according to industry experts.  On October 2, nine Ethereum futures ETFs began trading in the United States. However, initial volumes were low and industry observers remained skeptical over whether their approvals by the SEC were bullish or not. Ethereum Futures ETFs Signal SEC Shift  Head of policy at a16z Crypto and former CFTC Commissioner Brian Quintenz commented that the move to approve an Ethereum ETF signals that the SEC may no longer consider ETH as a security.  “By approving ETH ETFs based on ETH commodity futures contracts, the SEC has officially provided clarity on ETH’s status as a non-security.” Futures ETFs are backed by futures contracts on the Chicago Mercantile Exchange, not the physical asset. Moreover, the SEC appears comfortable with allowing these to trade However, it still hasn��t approved anything spot-based for crypto.  Quintenz added that with so much innovation being built on the Ethereum blockchain, “this creates a clearer path for builders,” before commenting:  “It’s ridiculous and insulting that it took so long to get here, but it’s a big win for the crypto space, and more importantly for the future of the internet.” The comments did get a lot of attention from Ethereum detractors who claim that it is a security. However, the SEC, and more importantly, US Congress, has yet to classify the asset either way.  MV Capital CIO Tom Dunleavy wasn’t as bullish about the Ethereum futures ETF launches. He added, “The only thing that matters is spot buying which a spot ETF facilitates because these funds need to be seeded.” The funds must purchase the assets ahead of time regardless of market demand and prices. “Futures ETFs do not facilitate this latent demand,” Dunleavy concluded.  ETH Price Outlook  Ethereum prices are already retreating from their Monday spike above $1,700 as markets cool again. ETH was down 2.9% on the day, changing hands for $1,667 at the time of writing.  ETH Price in USD 24 Hours. Source: BeInCrypto  ETH reached a monthly high on October 2 but sharply pulled back in search of its support zone near $1,650. Ethereum is currently 66% down from its all-time high of $4,878 almost two years ago. 

[blockgeni]

From its offices in Menlo Park, California, the venture capital firm Andreessen Horowitz has assisted in the huge growth of firms like Twitter and Coinbase for more than ten years. The business unveiled a16z Crypto Fund's London branch as its first location outside of the United States on Sunday. The decision was made in the midst of an atmosphere in the US that is becoming more unfriendly to cryptocurrencies, including a lawsuit filed on Tuesday by the Securities and Exchange Committee against Coinbase, a former portfolio company. The Biden administration is really just attempting to kill off the technology, said Chris Dixon, the senior general partner at a16z and head of its cryptocurrency fund, in an interview. As legislators, led by Prime Minister Rishi Sunak, work to regulate the industry, the firm's choice shows its trust in the U.K. as an up-and-coming crypto powerhouse. According to Dixon, it merely has every component you would like to see in an up-and-coming tech center. The office will be run by Sriram Krishnan, a general partner of a16z, and is expected to launch later this year. A $43 million investment in Gensyn, a cryptocurrency-meets-AI startup with headquarters in the UK, was revealed by the venture fund as part of the move. Dixon referred to the endeavor as "Airbnb for GPUs," building a blockchain-based market place for businesses searching for processing capacity. Arweave, Aztec, and Improbable are just a few of the U.K.-based cryptocurrency businesses in which a16z has previously made investments. The company also intends to collaborate with universities to create blockchain clubs and nurture talent for the cryptocurrency industry, including through its Crypto Startup School accelerator programme, which is designed to help business owners create Web3 firms. In the most recent round, there were almost 8,000 candidates and 26 firms that obtained funding and mentoring from a16z. More importantly, a16z crypto sees the U.K. as a potential safe haven and a leader in the world for cryptocurrencies when opportunities in the U.S., at least temporarily, fade. In his capacity as finance minister, Sunak supported cryptocurrencies and blockchain, and other MPs, including MP Lisa Cameron, are pressing for regulation of digital assets. Brian Quintenz, the head of policy at a16z crypto and a former commissioner at the U.S. Commodity Futures Trading Commission, claimed that the U.K. is thinking about adopting a regulatory structure similar to a draught bill that the Republican chairs of the House Financial Services and Agriculture committees released about a week ago. According to Quintenz in an interview, they are considering this as an investment in the U.K. with the proper regulatory approach that guarantees a high standard of client protection—but that embraces decentralization. Quintenz said that a16z crypto hopes to steer discussions, including working closely with 10 Downing Street. The U.K. is still debating how to approach regulation; in mid-May, the parliament's Treasury committee suggested that crypto trading should be treated as a form of gambling instead of as a financial service. As we solidify the U.K.'s position as a science and technology superpower, we must embrace fresh ideas like Web3, which is powered by blockchain technology and will allow start-ups to flourish here and boost the economy, Sunak said in a statement. Andreessen Horowitz, a global leader in investing, has chosen to establish their first foreign office in the United Kingdom, and for this reason he is happy. Dixon emphasized that a16z is still a U.S. company despite the growth. He was upbeat that lawmakers would reconsider the necessity for crypto regulation, as they did with early internet legislation, and he cited the fact that online business was illegal until Congress passed several laws in the 1990s. He asserted that the [crypto] sector will endure. He believes the U.S. will eventually make the right decision.

[etiennekissborlase]

This Crypto Venture Giant Responds To Proposed Regulation In The U.K.

This Crypto Venture Giant Responds To Proposed Regulation In The U.K. https://bitcoinist.com/crypto-giant-responds-proposed-regulation-in-the-uk/ Brian Quintenz, Head of Policy for crypto venture firm a16, posted a reply to the United Kingdom Treasury’s consultation on their new regulatory framework. The financial watchdog opened this process last week after announcing their “Future Financial Services Regulatory Regime for Cryptoassets.” As Bitcoinist reported last week, the U.K. Treasury and the Financial Conduct Authority (FCA) want to launch a “robust” crypto regulatory framework. In that sense, the regulators seek input from key industry players on the proposal to “ensure the right regulatory regime.” U.K. Wants To Overhaul Crypto Regulation In their response to the consultation process, a16z and its Head of Policy applauded the initiative and the U.K. effort to listen to the nascent industry. In the U.S. and other major economies, the approach has been controversial and opposite to the consultation and talks approach adopted by the U.K. The U.S. Securities and Exchange Commission (SEC) has been taking legal actions against the crypto industry and a series of measures dubbed “regulation by enforcement.” The SEC has targeted big players, such as crypto exchanges Coinbase and Kraken. Thus, many are thinking about moving their operations abroad, and the U.S. might become the hub that will support this transition. Quintenz, formerly a Commissioner at the U.S. Commodity Futures Trading Commission (CFTC), stated the following about the consultation process: The UK’s suggested approach looks to ensure similar regulatory outcomes for crypto and doesn’t assume that superficially related activities automatically create the same legacy financial risks and require the exact same regulatory rules. In addition, Quintenz praised the U.K.’s understanding of the crypto market at its early stage. These financial assets have been growing over the past decade, and many believe they are still developing with much potential to improve the legacy financial system. A16z’s Head of Policy added: (…) cryptoasset markets continue to develop with increasing pace and complexity, which brings both tremendous opportunity as well as specific, and possibly new, risks. The U.K.’s regulators clarified that crypto could carry risk, but their new regulatory framework aims at “managing” that risk rather than suppressing the sector’s capacity to innovate. Thus, the country seeks to allow the sector to thrive in the United Kingdom. The country’s Prime Minister, Rishi Sunak, believes in digital assets. Upon his election to office, there was speculation about Sunak’s strategy to revitalize the U.K.’s economy, and crypto and digital assets seem poised to play a role in his plan. In 2022, the Prime Minister stated: We want to see the businesses of tomorrow – and the jobs they create – here in the U.K., and by regulating effectively we can give them the confidence they need to think and invest long-term. Chart from Tradingview via Bitcoinist.com https://bitcoinist.com May 01, 2023 at 09:30PM

[thepause]

Former Crypto-Friendly Regulator Quintenz Joins VC Firm A16z

Former Crypto-Friendly Regulator Quintenz Joins VC Firm A16z

Crypto advocate Brian Quintenz, who stepped down from the CFTC at the end of August, has joined venture capital giant Andreessen Horowitz (a16z) as a part-time adviser in the latest high-profile addition to the firm. "The Hash" hosts discusses the outlook for a16z as it continues to build partnerships, expand its crypto division and potentially drive a crypto revolution. #cryptocurrency…

[forexbeginnersworld]

Forex Analysis & Reviews: 06.08.2021

Forex Analysis & Reviews: 06.08.2021

Relevance up to 10:00 2021-08-07 UTC+3 Crypto Industry News: As the scope of oversight of the cryptocurrency industry by the US Securities and Exchange Commission (SEC) expanded, the Commodity Futures Trading Commission (CFTC) argued that cryptocurrency regulation did not fall under the jurisdiction of the SEC. CFTC Commissioner Brian Quintenz spoke on Twitter declaring that cryptocurrencies…

[cryptogirl2024]

Andreessen Horowitz’s crypto arm, a16z, recently emphasized the need for a clear regulatory framework to encourage blockchain innovation in the U.S. Key figures, including Miles Jennings, Michele Korver, and Brian Quintenz, argued that comprehensive crypto regulations could reduce legal uncertainties and allow token issuance through standardized procedures. In a blog post, a16z expressed optimism that government support for the sector could drive growth, fuel innovation, and enable new business models, such as decentralized social networks and blockchain-driven AI and gaming ecosystems.

Additionally, a16z highlighted benefits like increased control over digital identities, improved customer engagement for small businesses, and minimized gas fees on stablecoin transactions. Despite their optimism, some industry players noted lingering legal ambiguities that could limit the U.S. as a blockchain innovation hub. A16z stressed that constructive engagement with regulators is crucial for unlocking blockchain’s full potential.

[coindelite-blog]

SEC to Lose Partnership with CFTC on Crypto Rules

To read more latest news visit https://coindelite.com  

[journalonline24]

Exchanges Get Discretion to Police Technology Glitches Futures exchanges would be expected to create defenses against disruptive technology failures, but might not have to upgrade current policies under a proposal issued by the U.S.

[thecryptoreport]

Crypto Advocate Brian Quintenz Will Step Down From CFTC Role by October

Crypto Advocate Brian Quintenz Will Step Down From CFTC Role by October

Commissioner Brian Quintenz, who sponsored the Commodity Futures Trading Commission’s Technology Advisory Committee (TAC) and advocated for self regulation in the crypto industry, will leave his post by late October.

Quintenz’s statutory five-year term ends this month. The longtime crypto advocate will not seek renomination and plans to stay on until his successor is appointed, he announced…

[ailtrahq]

A group of crypto and Blockchain firms joined together to create a Texas crypto advocacy group, according to a Sept. 11 announcement. The group is called “Crypto Freedom Alliance of Texas,” and is founded by a16z crypto, Coinbase, Ledger, Bain Capital Crypto, blockchain Capital, and Paradigm. The group is promoting “the development of coherent and predictable regulations for Digital Assets in Texas.”#Crypto Freedom Alliance of Texas Launches to Support Clear Digital ... - Business Wire pic.twitter.com/VzgqpEc0uC— Stock Market News (@Stock_Market_Pr) September 11, 2023 To further its goals, the Crypto Freedom Alliance will foster educational initiatives that will target government officials, corporations, non-profits, and other organizations in an effort to highlight the value of Web3 in the state of Texas, the announcement stated.Cointelegraph met up with a16z crypto’s global head of policy, Brian Quintenz, at the Permissionless II conference in Austin to get further details on the new group. According to Quintenz, Texas is uniquely suited to become a haven for Web3 developers, but this necessitates forming an advocacy group to tackle issues in the state.For example, Quintenz argued that decentralized Autonomous organizations (DAOs) often need legal jurisdiction to operate. Texas is an attractive state, thanks to its adoption of the Uniform Code of Unincorporated Associations.“Modifying the unincorporated association law that applies more generally to limited liability types of entities is a state issue, and there are only a few states that have adopted the Uniform Code of Unincorporated Associations […] Texas is one of them,” Quintenz stated.However, small changes would need to be made to this code to allow DAOs to be recognized as legal entities:“One of the things we continue to try to do is to advocate and educate around creating a legal entity for DAOs that makes some changes to the unincorporated association framework but makes it more restrictive. We don’t want to just open it up to anybody and say ‘Oh, I’m a DAO.’ You can only really qualify for this if you’re a decentralized kind of organization.”In addition to advocating for changes to the unincorporated association laws, Quintenz said the group would also push for crypto-friendly tax laws, bank charter laws and bank regulations. He considered Wyoming’s bank charter laws to be “a positive example” of what can be accomplished by crypto-friendly legislatures.Texas is a popular hub for crypto mining in the U.S. Genesis Digital Assets bases most of its CPUs in Texas. On July 3, crypto mining firm Hut8 also moved 6,400 mining computers to the state.

[newjerseycryptonews]

CFTC Commissioner Brian Quintenz Fires Back At SEC, Affirms It Has No Authority Over Crypto Assets ⋆ TCNW Advertisement... #Affirms #Assets #Authority #Brian #CFTC #Commissioner #Crypto #Fires #Quintenz #SEC #TCNW #Ripple https://thecryptonewsweb.com/cftc-commissioner-brian-quintenz-fires-back-at-sec-affirms-it-has-no-authority-over-crypto-assets-%e2%8b%86-tcnw/?feed_id=22639&_unique_id=610f8dbd66435

[thepause]

Mastercard Acquires Blockchain Analytics Firm CipherTrace

Mastercard Acquires Blockchain Analytics Firm CipherTrace

Payments giant Mastercard announced the acquisition of crypto intelligence company CipherTrace to enhance its crypto capabilities. CoinDesk's Nikhilesh De discusses the move, explaining why he thinks "this is clearly a sign of more to come." Plus, what to make of the SEC's relationship with Coinbase and former crypto-friendly regulator Brian Quintenz joining VC firm a16z. #cryptocurrency…

[cryptoliveclub-blog]

Smart Contract Devs Liable for How dApps are Used: CFTC's Quintenz

New Post has been published on https://cryptolive.club/smart-contract-devs-liable-for-how-dapps-are-used-cftcs-quintenz/

Smart Contract Devs Liable for How dApps are Used: CFTC's Quintenz

One of the top markets regulators in the United States said yesterday that he believes smart contract developers should in some instances be held liable when their blockchain applications are used in conjunction with illegal activities. Brian Quintenz, a commissioner at the Commodity