Brian Quintenz, the nominee for chair of the Commodity Futures Trading Commission (CFTC), publicly shared text messages with Tyler Winklevoss, co-founder of the cryptocurrency exchange Gemini, alleging that Winklevoss misled President Trump regarding Quintenz's nomination opposition. Quintenz's nomination process appears stalled after a prior expected confirmation, with delays attributed to the White House. Winklevoss has voiced concerns over Quintenz's views on developer protections and previous associations with prediction markets. Quintenz disclosed that after their conversation, Winklevoss contacted the president, prompting a pause in his confirmation for reasons he believes were not accurately reflected in their discussion. Despite the Senate returning to its confirmation agenda post-August break, a vote for Quintenz remains unscheduled, while industry officials move ahead with initiatives favoring cryptocurrency regulation.

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