President Donald Trump is reportedly preparing to nominate Michael Selig, the Securities and Exchange Commission’s crypto task force chief counsel, as the next chair of the Commodity Futures Trading Commission. This strategic move signals a major shift in the administration’s approach to digital asset oversight and represents a significant political victory for cryptocurrency advocates, particularly Gemini founders Tyler and Cameron Winklevoss. The nomination follows the White House’s withdrawal of Brian Quintenz’s earlier nomination after intensive lobbying efforts by industry stakeholders.
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CryptoNews Article 
October 25, 2025 | 11:33
October 25, 2025 | 11:33
CryptoNews Article October 25, 2025 | 01:39
October 25, 2025 | 01:39
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October 25, 2025 | 01:26
Brian Quintenz
3 posts last week
Trump Taps SEC Crypto Chief for CFTC, Backed by Winklevoss
President Donald Trump has nominated Michael Selig, the SEC’s Crypto Task Force Chief Counsel, to lead the Commodity Futures Trading Commission, signaling unprecedented coordination between financial regulators on pro-crypto policies. The selection represents a major political victory for crypto billionaires Tyler and Cameron Winklevoss, who successfully lobbied against the previous nominee. Selig’s appointment comes at a critical juncture for the severely understaffed CFTC as it faces massive new responsibilities in regulating both cryptocurrency and emerging prediction markets.
read moreTrump to Nominate SEC Crypto Chief as CFTC Chair
In a move that signals potential regulatory alignment for digital assets, President Donald Trump is preparing to nominate Michael Selig, the Securities and Exchange Commission’s crypto task force chief counsel, as the next chair of the Commodity Futures Trading Commission. This development follows the September withdrawal of Brian Quintenz’s nomination and represents a significant shift in leadership approach for the key regulatory body overseeing derivatives markets. Selig’s reputation as pro-crypto within the digital asset community has generated optimism about a more favorable regulatory environment for cryptocurrency innovation.
read moreWhite House Withdraws Brian Quintenz CFTC Chair Nomination
The White House has withdrawn Brian Quintenz’s nomination to chair the Commodity Futures Trading Commission, creating a leadership vacuum at a critical financial regulator. The unexpected move follows reported pressure from prominent cryptocurrency figures and comes amid ongoing government instability, leaving the CFTC without permanent leadership during a period of significant market uncertainty.
read moreWhite 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.
read moreWhite House Withdraws Quintenz as CFTC Chair Nominee
The Trump administration has unexpectedly withdrawn Brian Quintenz’s nomination to serve as both chairman and board member of the Commodity Futures Trading Commission, marking a significant shift in financial regulatory leadership. The surprise move, first reported by Politico, comes after Quintenz had been undergoing the confirmation process for the top commodities regulatory position, with the former nominee expressing gratitude for the opportunity while looking toward private sector innovation.
read moreCFTC Chair Vacancy: Pro-Crypto Contenders in Focus
The Commodity Futures Trading Commission remains without a permanent chair nearly a year into President Trump’s second term, creating regulatory uncertainty at a critical time for cryptocurrency markets. Multiple pro-crypto candidates are reportedly under consideration for the influential regulatory position, with the selection process drawing significant attention from industry participants concerned about the future direction of US digital asset regulation. The unexpected stalling of former Commissioner Brian Quintenz’s confirmation vote has opened the door for alternative candidates who may take a more industry-friendly approach to oversight.
read moreTrump 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.
read moreCFTC Nominee Reveals Texts with Winklevoss Twins
Brian Quintenz, nominated by former President Trump to chair the CFTC, has published text exchanges with Gemini co-founders Cameron and Tyler Winklevoss from July. The messages show the Winklevoss brothers seeking assurances about enforcement actions and criticizing the CFTC’s handling of their $5 million settlement case. Quintenz stated he released the texts over concerns that Trump ‘might have been misled’ about his nomination qualifications. The exchange reveals tensions between crypto executives and regulators, with Tyler Winklevoss accusing the CFTC of abusing ‘deliberative process privilege’ and preventing fair defense in court. This development highlights the ongoing scrutiny of regulatory practices in the cryptocurrency space.
read moreTrump CFTC Pick Accuses Winklevoss of Influence Attempt
Brian Quintenz, nominated to chair the CFTC, has publicly released private text messages alleging that Tyler Winklevoss attempted to derail his confirmation after Quintenz refused to promise favorable treatment regarding Gemini’s past litigation with the commission. The messages show Winklevoss sharing a 13-page complaint against the CFTC Inspector General and accusing the agency of ‘selectively and unfairly weaponizing’ enforcement against Gemini. Quintenz maintained he would not pre-judge matters before confirmation, emphasizing proper process. The disclosure occurred two days before Gemini’s scheduled IPO, with Quintenz claiming he revealed the exchange to protect President Trump from misinformation and demonstrate his commitment to transparency over personal advancement.
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