Quintenz Publishes Texts with Winklevoss Amid CFTC Nomination Stalemate

Brian Quintenz, nominee for the Commodity Futures Trading Commission (CFTC) by President Trump, shared text exchanges with Tyler Winklevoss amid a stalled confirmation process. Key points include:

Quintenz indicated he believed Trump might have been misled regarding his nomination.
Text messages dated July 24 reveal discussions between Quintenz and Winklevoss about a complaint filed by Gemini with the CFTC.
Quintenz claims Winklevoss sought promises from him that he refused to make.
The White House halted Quintenz's Senate confirmation vote without clear reasons, despite prior expectations for a smooth process.
Winklevoss has criticized Quintenz for wanting to increase the CFTC budget and his past views on crypto legal liabilities.
Quintenz expressed disappointment over aggressive enforcement actions against Gemini and emphasized the need for a confirmed chair to handle such matters.
A coalition representing the crypto industry is advocating for Quintenz's confirmation.
Meanwhile, SEC Chairman Paul Atkins and Acting CFTC Chair Caroline Pham are advancing industry-friendly initiatives to regulate digital assets.