U.S. spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs) enjoyed a positive momentum on Wednesday. BTC-focused ETFs brought in $223.03 million, while their ETH counterparts saw inflows of $102.03 million. Bitcoin and Ether ETFs Continue to Rally On Wednesday, the 12 U.S. spot bitcoin (BTC) exchange-traded funds (ETFs) collectively attracted $223.03 million in inflows
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Ukraine’s Proposed 2025 Cryptocurrency Legalization: Standard Taxation Without Incentives for Digital Assets
Ukraine’s trajectory towards legalizing cryptocurrencies by 2025 signals a significant shift in its economic policy, focusing on standard taxation without incentives. This pivotal move aims to enhance fiscal oversight and Bitcoin.com
a16z’s Brian Quintenz To Be The Next CFTC Chair: Insider Scoop
The post a16z’s Brian Quintenz To Be The Next CFTC Chair: Insider Scoop appeared first on Coinpedia Fintech News As Donald Trump’s administration gears up, Brian Quintenz, a former commissioner of the U.S. Commodity Futures Trading Commission (CFTC), has emerged as a top contender for the role of CFTC Chair. If appointed, this move could mark a significant step toward clearer and more crypto-friendly regulations in the U.S. Top Pick For CFTC Chair According to recent reports, Brian Quintenz has been interviewed for the position of CFTC Chair under the Trump administration. His extensive experience in policymaking and his current role as head of policy at Andreessen Horowitz’s crypto division, a16z, make him a strong candidate for the role. During his time at the CFTC from 2017 to 2021, he worked to integrate digital assets into the agency’s regulatory framework. His efforts focused on supporting innovation while maintaining market fairness and protecting investors. At a16z, one of the largest investors in the crypto space, Quintenz continues to support the industry’s growth. The firm has backed numerous blockchain and crypto projects, including well-known names like Maker, Solana, Avalanche, Aptos, EigenLayer, Lido, Nansen, OpenSea, and Coinbase. Will Quintenz Resolve the SEC-CFTC Tug-of-War However, Quintenz’s possible leadership comes at a time when there is confusion over which agency, the CFTC or the SEC, has authority over different crypto assets. He has openly criticized the SEC , particularly its handling of Ether (ETH). Earlier this year, he pointed out that the SEC’s approval of Ether futures ETFs contradicted claims that ETH might be a security. His stance reflects a pro-crypto approach, pointing to the need for consistency and clarity in regulating digital assets. Hope for a Pro-Crypto Leadership Many analysts are optimistic that Quintenz’s leadership could pave the way for a friendlier regulatory environment. With pro-crypto appointments like Paul Atkins at the SEC, the Trump administration seems poised to address longstanding concerns over regulatory clarity. If appointed, Quintenz’s vision could play a key role in shaping a future where innovation thrives alongside fair regulation. Bitcoin.com