Ex-Crypto Exec Confirmed to Lead OCC, Oversee Stablecoins

The U.S. Senate confirmed Jonathan Gould, a former Bitfury executive and blockchain legal expert, as Comptroller of the Currency in a 50-45 vote. The OCC, which regulates national banks, will gain significant authority over the $250+ billion stablecoin market if the Genius Act becomes law later this year. Gould’s confirmation continues a trend of crypto-friendly appointments under the Trump administration, following similar confirmations at the SEC and expected at the CFTC. The Genius Act would position the OCC as the primary regulator for federally licensed stablecoin issuers, overseeing a market projected to reach $3.7 trillion by 2030. Gould brings both government experience (as former OCC chief counsel) and private sector blockchain expertise to the role.

read more

CFTC’s Johnson: AI in Crypto Offers Benefits & Risks

CFTC Commissioner Kristin Johnson emphasized AI’s potential to revolutionize crypto through faster settlements and compliance tools, but warned of heightened fraud risks like market manipulation and data breaches. She cited a $1.7B AI-Bitcoin scam case and advocated for tougher penalties. Johnson also endorsed Trump’s CFTC chair nominee Brian Quintenz, noting his experience, and predicted progress in crypto-specific legislation. While dismissing claims of a U.S. policy reversal, she acknowledged a regulatory shift under the current administration.

read more

CFTC’s Pham on Crypto Regulation & Investor Protection

At Coinbase’s State of Crypto Summit, CFTC Acting Chairman Caroline Pham spoke with Yahoo Finance’s Brian Sozzi about the regulatory landscape for digital assets under the Trump administration. Pham emphasized the need for investor protection against fraud and addressed the legitimacy of prediction markets. She previously served as CFTC commissioner from April 2024 to January 2025, while Brian Quintenz, President Trump’s nominee for CFTC chairman, awaits confirmation. The discussion underscores ongoing efforts to balance innovation with oversight in the crypto sector.

read more

Michael Saylor Predicts Bitcoin Could Hit $1 Million

In a recent Bloomberg interview, Michael Saylor, founder of Strategy, made a bold prediction that Bitcoin (BTC) could skyrocket to $1 million. He attributes this potential surge to increased adoption by the US government, banks, and regulatory bodies, along with constrained supply from miners. Saylor asserts that Bitcoin has overcome its riskiest period, with only $50 million worth of BTC available daily from miners, creating upward price pressure if demand persists. Bitcoin was trading at $109,260 at the time of the report.

read more

Quintenz Dodges Bipartisan CFTC Question in Senate Hearing

During a Senate nomination hearing, Brian Quintenz, former CFTC commissioner and Trump’s nominee to chair the agency, sidestepped questions about maintaining bipartisan balance at the CFTC. Senators Tina Smith and Raphael Warnock pressed him on whether he would advocate for both Democratic and Republican commissioners, but Quintenz redirected the discussion to his experience. The hearing also touched on his potential crypto policy stance, prediction markets, and debanking issues, though he provided few concrete answers. His evasiveness raises questions about the future direction of the CFTC under his leadership, should he be confirmed.

read more

CFTC Nominee Quintenz: Blockchain to Transform Industries

Brian Quintenz, nominated by former President Trump to chair the CFTC, has asserted that blockchain technology will reshape multiple industries, not just finance. In his Senate confirmation hearing remarks, Quintenz described blockchain as a ‘horizontal technology’ with far-reaching societal impacts. As the former global head of policy at a16z Crypto, he stressed the urgency of establishing a clear regulatory framework for cryptocurrencies to ensure the US remains a leader in this evolving space. His comments underscore the growing recognition of blockchain’s transformative potential and the need for proactive policy measures.

read more

Brian Quintenz’s CFTC Nomination Advances to Senate Hearing

Brian Quintenz, nominated by former President Donald Trump to chair the CFTC, is set for a Senate Agriculture Committee hearing on June 10. The hearing comes after the departures of commissioners Summer Mersinger and Christy Goldsmith Romero, reducing the five-seat panel to just two confirmed members. If confirmed, Quintenz would lead a near-total leadership transition, as acting chair Caroline Pham and Commissioner Kristin Johnson have also announced plans to depart. The CFTC, a key financial regulator, faces significant changes amid this reshuffling.

read more

Trump’s CFTC Pick Brian Quintenz to Divest Crypto Assets

Brian Quintenz, President Donald Trump’s pick to chair the Commodity Futures Trading Commission (CFTC), has disclosed millions in crypto and market-related investments, pledging to divest if confirmed. According to ethics filings, Quintenz holds assets worth at least $3.4 million, including ties to crypto organizations directly linked to CFTC oversight. A former CFTC commissioner (2017–2021) and current global head of crypto policy at Andreessen Horowitz, Quintenz will step down from his private sector role if approved by the Senate. His nomination underscores the growing intersection between financial regulation and digital assets.

read more

U.S. May Soon Approve Crypto Perpetual Futures: CFTC

CFTC Commissioner Summer Mersinger announced that crypto perpetual futures may soon debut in the U.S., citing pending applications and potential economic benefits. However, the agency faces upheaval as four commissioners, including Mersinger, prepare to depart, potentially delaying enforcement and rulemaking. While proponents argue perpetual futures could enhance U.S. market participation, critics warn of risks to investors. The CFTC’s reduced leadership may slow regulatory progress, increasing pressure on the Senate to confirm new appointees swiftly.

read more

CFTC’s Christy Goldsmith Romero to Step Down May 31

Christy Goldsmith Romero, a commissioner at the US Commodity Futures Trading Commission (CFTC), will step down on May 31, earlier than initially planned, pending Brian Quintenz’s confirmation as chair. Her resignation leaves three seats open at the regulator, just a day after Commissioner Summer Mersinger departs to become CEO of the Blockchain Association. Romero, reflecting on her 23-year federal service, emphasized the CFTC’s critical role in safeguarding financial markets. The departures signal a significant shift in leadership at the CFTC amid growing regulatory scrutiny in crypto and traditional finance.

read more