White House Withdraws Quintenz CFTC Nomination Amid Crypto Feud

The White House has abruptly withdrawn Brian Quintenz’s nomination to lead the Commodity Futures Trading Commission, ending an eight-month candidacy that collapsed amid a public feud with crypto billionaires Tyler and Cameron Winklevoss and concerns about his ties to prediction market firm Kalshi. The surprise move leaves the critical financial regulator in temporary leadership as the administration seeks a candidate who can navigate the increasingly complex intersection of traditional finance and digital assets.

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Trump Eyes New CFTC Leaders After Winklevoss Dispute

The Trump administration is exploring alternative candidates to lead the Commodity Futures Trading Commission following the derailment of Brian Quintenz’s nomination. The move comes after the Winklevoss twins reportedly opposed Quintenz due to enforcement disputes involving their Gemini exchange. New potential nominees include key figures from the SEC’s crypto task force and Treasury’s digital asset policy team.

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Bitcoin 2025 Conference: Key Topics & Star Speakers

The Bitcoin 2025 Conference, taking place from May 27-29 at the Venetian Conference Center in Las Vegas, is gearing up to be a pivotal event in the crypto space. With over 30,000 attendees and 5,000 companies, the conference will delve into critical topics such as Layer 2 improvements (BitVM2, Lightning Network integration with USDT), Bitcoin ETFs, and sustainable mining practices. High-profile speakers include U.S. Vice President JD Vance, Michael Saylor, Ross Ulbricht (remotely), Senator Cynthia Lummis, SEC Commissioner Hester Peirce, and the Winklevoss twins. The event is expected to influence Bitcoin’s price, with analysts projecting a post-conference target of $125,000 and long-term predictions reaching $500,000. BTC is currently trading at $109,759.12, up 2.16% ahead of the event.

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Gemini Co-Founder Warns of Federal Agencies Targeting Crypto Industry

Gemini co-founder Cameron Winklevoss has raised concerns about federal agencies targeting the crypto industry, emphasizing the need for protective regulations. He criticized Senator Elizabeth Warren for potentially weaponizing regulatory bodies against crypto, advocating for a “zero trust” model within the industry. Under the new Trump administration, the SEC has dropped several cases against major exchanges, signaling a shift towards a more favorable regulatory environment for crypto.

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Bitcoin Donations Transforming Global Aid and Financial Inclusion Efforts

Save the Children is leveraging Bitcoin and other cryptocurrencies to enhance financial inclusion and streamline aid delivery across over 100 countries. The organization, which was the first international NGO to accept Bitcoin donations in 2013, has raised over $8 million through its HODLhope campaign, facilitating anonymous donations and providing vital resources to children in crisis. By utilizing Bitcoin’s technology, Save the Children aims to empower families in emergencies, ensuring they can access funds quickly and efficiently without traditional banking barriers.

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