Odaily News Brian Quintenz, the new chairman of the CFTC, released his first update on his personal account today after being nominated. Brian said: "I am honored to be nominated by President Trump as the next chairman of the CFTC, where I served as a commissioner in his previous administration. The CFTC plays a key role in maintaining strong hedging and price discovery markets that are envied by the world. The agency is also ready to ensure that the United States leads the world in blockchain technology and innovation. I look forward to working with President Trump's outstanding financial regulatory team."

Earlier news, Trump has nominated a16z crypto policy director Brian Quintenz as permanent chairman of the CFTC.