Many encrypted currency associations and blocks that defend this industry are pressing for “immediate confirmation” by Bian Quintns as Chairman of the American Commodity Future Trading Committee (CFTC).
On Wednesday’s message to US President Donald Trump, representatives of many encryption organizations repeat Their support to confirm Quintns in the Senate after the president’s nomination.
The signatories included the Innovation Curd Council, the Blockchain Association, the Decentralization Research Center, the Devi Education Fund, the digital room, the Satoshi Fund and the Solana Policy Institute
Al -Da`wah organizations argued that Quintns was “exceptionally appropriate” for CFTC in part because of his experience with and understanding digital assets.
After his candidacy for the agency’s presidency in February, he was referred to the Senate Agriculture Committee, which The voting delay A few days ago, the room is to be broken for the August holiday.
The committee said that the delay came after a request from the White House. A report in August also indicated that the Gemini founders participating Cameron and Tyler Winkelvos Trump’s pressure to reconsider Quintns nomination, claiming that he would not fully enacted the president’s agenda as CFTC president.
“Since the presidential work group in the digital asset market report is clearly detailed, CFTC has many critical, complex and subjective goals before, including working with Congress to create a comprehensive framework in the Federal Market structure with appropriate supervision of digital assets, in order to enhance your administration agenda,” adding:
CFTC’s permanent constant is very necessary to achieve these goals […]”
Quintns previously occupied as CFTC Commissioner under Trump from 2017 to 2021, after he was nominated by former US President Barack Obama in 2016.
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A financial organizer faces the exit of employees
Even if Quintns confirmation is moving quickly through the Senate as soon as the room returns from the holiday on September 3, the organizer still has a vacant that can slow down its work related to encryption and others. Currently, the Commissioners Committee of Five Commissioners are not employed except by CFTC Caroline Fam, and the chief Christine Johnson.
Commissioners Samar Miringer and Christie Goldsmith Romero, as well as former President Rosten Pynam, left CFTC earlier this year. Johnson said that she will leave before 2026, and FAM said she intends to move to the private sector if Quintns is nominated, indicating that the potential chair could be the only sound until Trump chose other candidates for employees.
In a statement of CointeleGRAPH, the representative of the Curd Council highlighted the need to confirm the CFTC leadership in the component of two workers, no permanent chair, and suspended legislation of the encryption market structure.
Senator Centeh Lomes, one of the leading voices that drive to pass the Chamber to pass the market structure, said that the draft law – which can clarify the roles that the CFTC and the Disputeers Committee will receive – said. I signed the law Before 2026.
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