Overview

• Seven prominent digital asset associations sent a joint Aug. 20 letter urging President Trump to move Brian Quintenz’s stalled CFTC nomination forward.
• The White House previously asked the Senate Agriculture Committee to halt votes twice, leaving the process in limbo during the recess and prompting public headwinds that include opposition from Gemini’s Tyler and Cameron Winklevoss.
• Quintenz has been directly seeking meetings with industry organizations to bolster support while the administration remains silent on next steps.
• Rep. Dina Titus asked Acting CFTC Chair Caroline Pham to open an inquiry into possible ethics violations tied to Quintenz’s Kalshi board seat and holdings, citing FOIA-released communications.
• Backers warn of a leadership vacuum as current commissioners prepare to depart and pending legislation could expand the CFTC’s role over spot crypto commodities.