A new report climbs that Cameron and Tyler Winklevos asked President Trump to remove Brian Quintage as CFTC President. If these rumors are true, they highlight a significant tension in Crypto political.
The Commission is ready to hold more rights over crypto regulation, and Quintage wants to increase his book to meet these challenges. In the past, Vinklevos has liked weak regulators, even if they are crypto partners.
Will Brian Quintage lead CFTC?
CFTC is one of the US top finance regulators, and recent resignations have reduced it two commissioners.
Presidency Trump ALDi nominated Brian Quintens as the next chairman of CFTC, but his confirmation process has killed several recent failures.
According to a new report from PoliticianVinklevos twins have urged Trump to find a new nominated person.
When these delays first started happiness, the rumors put the position of the board of that Quintage in trouble with the appointment of CFTC in Kalshi.
This new report, Howly, alleges that Mithun’s co-founder and Crypto billionaire are putting political pressure. Although Tyler Winklevoss initially supported Quinance, it may have changed.
“Some people call it about vote materials, which others point to advocate the American Gaming Association in the support markets of Quintens. Players like Vinkalwos Twins said” Elonore Tarat wrote.
So, why do Winklevos want twins as CFTC Commissioners?
A major clue may come from his response to the alliance allegations against Mithun. As soon as the Commission announced its decision, Cameron makes a hostile statements, requiring “serous results” for the ovelambitius enforcement actors.
In other words, there are active legislative effects to give CFTC more rights on crypto regulation. Even as a friendly organ, it can still have a lot of power.
The report said that Quinance has asked for the new crypto respondents of Beater to increase its goal of increasing the CFTC budget. Vinklevos allegedly claimed that “there is no alliance with Trump’s agenda.”
We say that there is a Simmler incident a few months ago. Although the second firm is a pro-crypto switch, alone Musk’s dogs still cut their operating capacity. Vinklevos believes that a weak CFTC is better for a strong one under quintage.
To be clear, think, it is only a delay so far. White House spokesperson Liz Huston confirmed that “Brian Quintage remains to serve the nominated person of President Trump as the chairman of CFTC,” and Trump “is ready to his sharp conformity.”
It can change until the quintens is officially confirmed, but it is a strange sign of confidence.
In short, there is live stress between ideas of various crypto fantasies on political power. Is a powerful crypto colleague better than a powerless rival?
These questions have been re -established in changes in SEC, and they can be individuals through the role of Quintage in CFTC.
Post Do Winklevos twins press the twin Trump to dig their CFTC chair pick? First appeared on the beincrypto.
