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flag The White House withdrew Brian Quintenz's nomination to lead the CFTC amid crypto industry opposition.

flag The White House has withdrawn Brian Quintenz's nomination to chair the Commodity Futures Trading Commission, ending his bid for the role amid opposition from key figures in the crypto industry, including Gemini co-founders Tyler and Cameron Winklevoss. flag Quintenz, a pro-crypto advocate, had been nominated to lead the agency overseeing derivatives markets, including crypto-related instruments. flag The decision, made without a formal statement, reflects heightened scrutiny over regulatory leadership in the digital asset space as the U.S. shapes its approach to cryptocurrency regulation.

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