CFTC Commissioner Nominee “Digital Asset Growth Must Be Supported by Legislative Act”

Brian Quintenz, Designated As The Next Chairman Of The Us CFTC, Who Will Lead Future Cryptocurrency Regulation (Source: WSJ)

Brian Quintenz, Appointed Chairman Of The Us Commodity Futures Trading Commission (CFTC), Emphasized The Need For Clear Legislative Action To Realize The Potential Of Digital Assets. At The House Agriculture Committee Confirmation Hearing Held On The 10th (Local Time), He Stated That “The United States Can Foster Cryptocurrency Innovation While Adequately Achieving Consumer Protection.”

Quintenz Particularly Noted The Recently Discussed Cryptocurrency Market Structure Bill (CLARITY), Evaluating It As “An Important Legislative Opportunity That Can Satisfy Both Technological Advancement And Consumer Protection.” He Added, “If Congress Passes This Bill, The CFTC Is Ready To Faithfully Perform The Related Regulatory Role.”

His Remarks Are Aligned With The Us Government's Stance On Granting Regulatory Clarity To The Overall Cryptocurrency Industry, And The Market Is Paying Attention To Whether The CFTC's Regulatory Authority Will Be Strengthened In The Future.