Brian Quintenz, nominated by President Trump for CFTC Chair, has expressed strong support for the US Congress to provide the CFTC jurisdiction over spot crypto commodity markets. This endorsement may boost the new regulatory framework for the growing cryptocurrency sector.
Quintenz’s emphasis on broad cryptocurrency oversight could clash with the CLARITY Act’s specific definitions, raising concerns about regulatory overlaps. Former CFTC Chairman Timothy Massad warned that the Act might create confusion rather than clarity in crypto regulations.
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