Share this article
Crypto Advocate Brian Quintenz Will Step Down From CFTC Role by October
CFTC Commissioner Brian Quintenz, who sponsored the Technology Advisory Committee and advocated for self regulation in the crypto industry, will leave his post by late October.
By Danny Nelson
Updated Sep 14, 2021, 8:34 a.m. Published Apr 28, 2020, 5:45 p.m.
Commissioner Brian Quintenz, who sponsored the Commodity Futures Trading Commission’s Technology Advisory Committee (TAC) and advocated for self regulation in the crypto industry, will leave his post by late October.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Quintenz’s statutory five-year term ends this month. The longtime crypto advocate will not seek renomination and plans to stay on until his successor is appointed, he announced Tuesday in a statement. The departure was first reported by Bloomberg.
The commissioner’s departure comes after a period of technological adaptation at the U.S. government's commodity and futures regulator including the launch of the first bitcoin futures contracts, the evolution of LabCFTC and, more recently, clarification of what actual delivery means in crypto.
It was a period that ran parallel to the resurgence of the TAC.
One month after his confirmation in August 2017, Quintenez became sponsor of the CFTC’s mostly dormant Technology Advisory Committee that had, in his opinion, largely failed to keep pace with technological change in part by meeting just twice in the previous three years.
“Crucial and fascinating questions need to be explored and answered,” he said at the time about many tech initiatives including blockchain. “Distributed ledger technology is on the verge of creating a sea change in contract design, reporting and settlement.”
The Quintenz-sponsored TAC proceeded to form DLT and virtual currency subcommittees and began meeting regularly to consider stablecoins, virtual currencies, DLT market infrastructure, and crypto custody.
“I’ve been particularly honored to sponsor the CFTC’s Technology Advisory Committee, where we’ve had the opportunity to explore the extraordinary technological renaissance transforming our financial markets,” Quintenz said in a statement.
Quintenz also advocated for self-regulation in the crypto industry.
His term ends a few months before that of the Securities and Exchange Commission’s Hester Peirce. Like Quintenz, Peirce has advocated for the crypto space.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
SGX's Crypto Futures Draw New Liquidity, Not Diverted Cash, Exchange Boss Says
Institutions are pursuing cash-and-carry arbitrage, not outright bullish plays, Syn said.
What to know:
- SGX's bitcoin and ether perpetual futures are building liquidity incrementally, Michael Syn, president of the Singapore exchange, said.
- Institutions are pursuing cash-and-carry arbitrage, not outright bullish plays, he added.
- The exchange's regulated perpetual futures offer improved risk-management practices, avoiding the high-leverage auto-liquidations common in unregulated markets.
Top Stories
