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Crypto Trends

U.S. Treasury Takes Next Step in Turning GENIUS Act Into Stablecoin Regulations

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The U.S. Treasury Department is pushing forward with a narrow comment window on its preliminary, formal efforts to solidify the recently established stablecoin law into a set of regulations.

This arm of President Donald Trump’s administration has opened what’s known as an “advance notice of proposed rulemaking” on Friday, which is an early step taken to gather information that will be used to put together an actual proposal. In this case, the government is asking for data on building out its requirements under the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS) Act, including prohibitions on issuers, sanctions obligations, anti-money laundering compliance, the balance between state and federal oversight, tax matters and any further need from the industry for clarity.

A one-month period is now open in which the public — and crypto businesses — can weigh in on these complex issues before it closes on October 20. The notice posted dozens of questions, such as, “Is additional clarity necessary regarding the extent to which reserve assets are required to, or should, be held in custody?” and “Are there foreign payment stablecoin regulatory or supervisory regimes, or regimes in development, that may be comparable to the regime established under the GENIUS Act?”

The Treasury Department’s role in GENIUS is varied, including requirements to address sanctions compliance, tax treatments and how foreign jurisdictions will interact with U.S. regulations. The Friday action is meant to build on a less formal effort announced last month to start gathering input on how best to detect illicit activity in crypto.

The GENIUS Act was the first major U.S. crypto legislation to become law, and it marked a huge win for the industry, which has shifted focus now onto an even bigger legislative effort to establish rules for the wider industry. That market structure bill is a focus of lawmakers from both parties in the Senate, who are also in talks with their House of Representatives counterparts who already approved a similar bill, the Digital Asset Market Clarity Act.

Republicans in Congress and atop the federal financial regulators are trying to speed ahead to meet orders from President Trump to establish friendly crypto regulations that will help the U.S. become a global hub for the sector.

Also on Friday, JP Morgan said in a research note that the overall crypto market needs to expand significantly for continued growth in the stablecoin sector, or new stablecoins may start cannibalizing each other.

Read More: U.S. Treasury Department Starts Work on GENIUS, Gathering Views on Illicit Activity



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Here's a game where you have to end parallel worlds that only takes 10 minutes to beat for "busy working adults"
Game Updates

Here’s a game where you have to end parallel worlds that only takes 10 minutes to beat for “busy working adults”

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There is nothing inherently awful in a game being obscenely long, in fact it can be quite pleasurable to get to know a digital world so intimately. The issue is that I am an “adult” who has to “work” to pay my “bills” and “taxes,” so I don’t always have time for such things. How some of you manage to fit in multiple playthroughs of Persona games will always be an enigma to me. But, as I sit here in my despair, along comes 34EVERLAST, a game designed to be beaten in “as little as 10 minutes,” expressly designed for “busy working adults.”


34EVERLAST, according to its Steam page description, is an action puzzle game about the world ending, which I’m going to be incredibly real with you all for the moment, sounds like a very heavy topic for a game where you can beat it in 10 minutes. However! The way you apparently survive this is by ending the “‘worlds that refuse to die’ that are parallel to this world.” Not any lighter or smaller a concept, potentially compelling though.

Watch on YouTube


Gameplay works twofold. In the first instance, it’s a 3D action game, looking a little bit PlatinumGamesy in nature. You run, fall, and fight through various worlds on the brink of collapse, with what looks like some visual novel stroke manga elements mixed in for the story. There are also some puzzle elements, though how these manifest isn’t quite as clear.


As condensed as it is, conceptually I quite like some of the design choices it claims to make. The Steam page says that if you make it rain in one world, a desert in another might turn into a forest. You can die in boss fights on purpose too, to potentially “gain an advantage against another.” A smally, flashy package, yet one that, if successful, may have a good bit of substance to it.


While I am intrigued by the concept, it does also raise a bigger, perhaps more personally existential question about life. What are the reasons that we have so little time for hobbies we so greatly enjoy? I could probably name a few, but that’d be going into feature territory. I somewhat hope 34EVERLAST takes such a question into consideration in its story, rather than the 10 minute thing just being a bit of a gimmick.


There’s no exact release date for 34EVERLAST just yet, but it was confirmed by publisher Playism that it’s due out sometime in 2026. You can wishlist it on Steam now.



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Battlefield 6 players on PS5 and Xbox can block PC users from crossplay, as studio takes "cheating extremely seriously
Game Reviews

Battlefield 6 players on PS5 and Xbox can block PC users from crossplay, as studio takes “cheating extremely seriously

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Battlefield 6 will include console-only crossplay, meaning Xbox and PlayStation players can avoid those pesky cheating PC players.

Senior console combat designer Matthew Nickerson detailed to IGN the online shooter’s crossplay options, activated with a simple on/off toggle. Turned on, console players will be prioritised before PC players fill a lobby. Turned off, and only console players will be included across both PlayStation and Xbox. The option is turned on by default.

“We’re very confident but also very keen to what crossplay means for Battlefield 6,” said Nickerson. “We’ve gone the extra mile and put in a lot of effort in terms of balancing the inputs, understanding where the inputs lie [not just] in terms of relationship to general play styles but general performance of what they’re good at and maybe what they lack.”

Battlefield 6 Official Reveal TrailerWatch on YouTube

Cheating is a major issue across online shooters, with PC players being the most likely to cheat. That’s why console players often prefer to exclude them, if possible.

Technical director Christian Buhl said Battlefield Studios is “taking cheating extremely seriously”.

“Obviously, cheating is much more prevalent on PC than on console, but we are taking a lot of effort, putting a lot of work into prioritising fighting against cheaters,” he said. “We’ve turned on secure boot. We’ve got Javelin, our new anti-cheat system, which is required in order to play.

“So, we’re doing a lot on the PC side to clamp down on cheating as much as possible. We have a whole team within Battlefield dedicated to anti-cheat, which includes engineers, analysts who are reviewing things and banning players, and figuring out what the latest cheats are. We have another whole dedicated team at EA to anti-cheat that we work closely with. That’s what I can say. Now, we can never win against cheaters, right? Cheaters will always be there. It’s a never-ending cat-and-mouse game. I can’t promise that there will be zero cheaters if you’re playing against PC players. That’s just simply not possible, but I can say that we are being extremely aggressive. We see this as critical to the success of – to the health of – the game.”

Console players also use aim assist to balance play with PC players using mouse and keyboard for increased accuracy. But aim assist has been “completely redone” from Battlefield 2042, said Nickerson.

“We’ve added aim assist for what we call our ‘combat triangle’ now – and that’s infantry versus infantry, infantry versus vehicles, and vehicles versus vehicles – to give that cohesive experience if you are on controller, compared to, maybe, something that’s a little bit easier on keyboard and mouse. So [we’re] very dedicated to crossplay, and we’re trying to nail it across multiple vectors when it comes to crossplay. It’s just such an important aspect for us and for Battlefield 6.”

It’s all part of the studio’s console-first approach. It’s this that’s led to strong optimisation across consoles.

Buhl explained to Kotaku the team struggled to get the game running on Xbox Series S due to its lack of memory, with levels crashing. As a result, the team has optimised memory usage in the game which has in turn made the “whole game better and more stable”.

Battlefield 6 will release on 10th October across PS5, Xbox Series X/S, and PC. Just don’t expect a Switch 2 release any time soon.



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Coinbase-backed Base takes first steps toward potential token launch
Crypto Trends

Coinbase-backed Base takes first steps toward potential token launch

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Head of Base Jesse Pollak revealed that the Base network might finally launch its own token.

Summary

  • Base is exploring the launch of a network token, according to Jesse Pollak
  • Coinbase has been resisting its own token for a while
  • Regulatory changes in the United States are making an ICO more attractive

Base has unveiled a new roadmap that could fundamentally change its ecosystem. On Monday, September 15, at BaseCamp 2025 in Stowe, Vermont, Head of Base Jesse Pollak and the project team announced that the project is exploring the launch of its own network token.

The move could reshape Base from a utility chain into a full ecosystem, enabling developers to tap its capabilities directly. The chain, according to the team, will operate on the principles of operability and openness. In that light, the Base team also announced an open-source bridge between Base and Solana (SOL).

“We believe Base should be a bridge, not an island. We can’t bring the world onchain if everyone is building separate, siloed ecosystems. We want Base to be a hub for the entire onchain economy,” Base team.

Base will continue to build on Ethereum

Despite the major shift in philosophy, the team stressed that they will “remain deeply committed to Ethereum” (ETH). This signals that there are no plans to make Base a layer-1 chain. The team also stressed that they will work with U.S. regulators and legislators to make sure that the chain complies with all regulations.

Brian Armstrong, CEO of Coinbase, also confirmed the move, stating that it could help boost decentralization. However, he added that there are no definitive plans for the token at this time.

We’re exploring a Base network token.

It could be a great tool for accelerating decentralization and expanding creator and developer growth in the ecosystem.

To be clear, there are no definitive plans. We’re just updating our philosophy. As of now, we’re exploring it. https://t.co/BK3asbMpar

— Brian Armstrong (@brian_armstrong) September 15, 2025

Coinbase has long resisted launching its own token, instead opting to go public on the stock market. However, recent regulatory changes in the U.S. have made initial coin offerings less risky. With the Securities and Exchange Commission under new leadership, the risk of such a token being labeled a security is greatly diminished.





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Vampire Survivors developer Poncle on what it takes to be a good publisher: "Not everything can be a breakout hit"
Game Updates

Vampire Survivors developer Poncle on what it takes to be a good publisher: “Not everything can be a breakout hit”

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Getting your game a publishing deal has never been an easy thing to do. Right now, it’s especially hard given that for many publishers, if it doesn’t seem like a guaranteed hit, it likely isn’t something they’ll take on. This is something that Vampire Survivors developer Poncle, or rather the actual person, Luca Galante, takes great issue with, and in a recent interview he spoke more broadly of his issues with publishers, and his thoughts on now being one.


“I see a lot of publishers I don’t like, and I think that’s my way to define what a good publisher should be, probably,” Galante explained to GamesRadar. “I see a lot of publishers that try to exploit the platforms just to make money, basically, because the video game industry is very obviously an industry that makes a lot of money. There is a lot of money to make. I see that these publishers will try and just exploit platforms for money.”


He went on to note how there are publishers who will put out simply incomplete games, or early access games that never get finished, and that for him, “what a publisher should do is, first of all, make genuine games, genuine products, something that has some real value, and then understand that not everything can be a breakout hit.” Galante also spoke of the importance of post-launch support, and for him this is “definitely a big thing from my point of view that publishers should be able to offer.”


As of now, Poncle has published two games, Berserk or Die, a beat ’em up where you have to mash your keyboard to beat enemies, and Kill the Brickman, a Brick Breaker-esque, turn-based roguelike game, both of which are cheap as chips (£3 and £4 respectively).


It’s these kinds of affordable games with smaller teams that Galante wants to lean towards in publishing, and in particular his priority is to find devs “that are very transparent in what they do, they want to talk with their community, and they have a real, genuine passion for making games.” Not only that, it’s important to him that these devs get to realise their vision by enriching it, as opposed to forcing in things like microtransactions or season passes.


Galante is, perhaps most importantly, fully aware with how lucky he got with Vampire Survivors, and that’s why he wants to publish other games. “We definitely made some mistakes when it comes to putting the game out there, but we learned a lot, and wanted to try to sort of share what we learned with other indies. It was a way to try and give something back to the indie community, share the luck.” Good luck indeed! At this point in time, every dev needs every ounce of the stuff they can get.



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Gaming Gear

California’s age verification bill for app stores and operating systems takes another step forward

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A California bill that would require operating system and app store providers to verify users’ ages before they can download apps has cleared the Assembly 58-0, and will now move on to Gov. Gavin Newsom, Politico reports. The Digital Age Assurance Act (AB 1043), introduced by Assemblymember Buffy Wicks, does not require photo identification for verification, but puts the onus on the platforms to provide tools for parents to indicate the user’s age during a device’s setup, and use this information steer kids toward age-appropriate content and screen time.

It comes after Utah and Texas both adopted app store age verification laws earlier this year that have been criticized as posing potential privacy risks, and faced opposition from the likes of Google and Apple. The California bill has been received more positively by Big Tech, with Google, Meta and others putting out statements in support of it in the leadup to a Senate vote on Friday. Kareem Ghanem, Google’s Senior Director of Government Affairs & Public Policy, called the bill “one of the most thoughtful approaches we’ve seen thus far to the challenges of keeping kids safe, recognizing that it’s a shared responsibility across the ecosystem.” Gov. Newsom now has until October 13 to sign or veto the bill, according to Politico.



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Esports team Ecstatic takes a stand against gambling sponsorship
Esports

Esports team Ecstatic takes a stand against gambling sponsorship

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Against a backdrop of increasing sponsorship by gambling firms in esports, the Danish Counter-Strike team Ecstatic has announced a partnership with Gamban, a software company that helps those struggling with gambling.

This marks the first time a professional esports team has seen its primary sponsorship come from a company tackling gambling harm.

Announced in a press release on September 12, 2025, Ecstatic called the sponsorship a “groundbreaking partnership focused on protecting people, not promoting betting.”

Gamban provides gambling-blocking software that helps those struggling with gambling to block access to betting sites and apps, such as online casinos.

“For ten years, Gamban has helped people block access to gambling on their devices and begin their recovery,” said Matt Zarb-Cousin, co-founder of Gamban.

“Partnering with a team that rejects gambling sponsorship entirely is a powerful first step. We hope this inspires others to invest in esports without exploiting addiction.”

As part of the partnership, Ecstatic and Gamban will launch a community Discord hub, offering anonymous peer groups, expert talks, and practical tools for individuals seeking support to stop or pause their gambling.

In addition, the partnership hopes to “make help easy and stigma-free,” particularly for young fans, and to prove that “non-gambling sponsors can thrive in esports.”

“This is personal for me,” said Ecstatic co-owner Oliver ‘zipeL’ Behrensdorff.

“I’ve had periods of problem gambling myself, and installing Gamban was my first step toward change. We’re not here to high-road anyone. We’re here to offer a lifeline to those who need one.”

According to a report by Esports Insider, gambling sponsorships now represent 25% of total esports sponsorship revenue, with numerous professional esports teams and organisations, including FazeClan, Fnatic, and Heroic, signing deals with betting companies.

In June, Riot Games opened betting sponsorship opportunities for Tier 1 League of Legends and Valorant teams in the Americas and EMEA for the first time.

The company has put in “guardrails” to “safeguard the ecosystem” it has built, including establishing “a well-researched sports betting partnership program” that vets its betting partners.

“We know sports betting isn’t for everyone, and that some fans have strong feelings about it, and we respect that,” John Needham, president of publishing and esports at Riot Games, said in a blog post announcing the news.

“However, the reality is that betting activity already exists around our sports and will continue whether we engage with it or not.”



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ipvanish price, free trial and deals
Gaming Gear

IPVanish takes its first step toward a RAM-only VPN network

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  • IPVanish unveiled its first RAM-only servers in 19 cities across 9 countries, with plans to expand to all 148 locations by 2027
  • RAM-only servers improve privacy by wiping all data on reboot, while also boosting durability and making updates faster
  • This rollout puts IPVanish in line with rivals that already use RAM-only servers, although not all top VPN providers embrace this method

IPVanish just made another move toward strengthening its privacy game: it launched RAM-only servers, marking a major shift in how its network operates.

Unlike traditional VPN servers that rely on hard drives (HDDs), RAM-only servers are automatically wiped on reboot or shutdown. This means your data is never stored for long.

The company joins some of the best VPN providers by going diskless and targeting improved privacy. While the release only impacts servers in 19 cities across 9 countries at the time of writing, IPVanish plans to swap all of its servers to RAM-only within the next two years.


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How do RAM-only VPN servers work?

There’s a major difference between traditional VPN servers and ones that run on Random Access Memory (RAM).

Most VPN servers run on HDDs. IPVanish reassures that those servers remain secure thanks to full-disk encryption and its no-logs policy, but they come with some downsides, which switching to RAM can help address.

With RAM-only servers, all data is stored in volatile memory that wipes clean on every reboot. This means there’s no lingering information left behind, even if a server is seized, and updates can be deployed more quickly because there are no physical drives to reimage. The result is stronger privacy by design.

Australia is one of the location currently offering RAM-only servers (Image credit: IPVanish)

That said, while the fact that servers get wiped on every reboot is good news, IPVanish appears to already be doing a good job of not storing your private data. A recent audit confirmed that the company never stores user data, which minimizes the risk of leaks.

“This initiative complements our ongoing commitment to robust privacy standards, including third-party no-log audits, regular transparency reports, account anonymization, and minimal data collection at signup,” said IPVanish Chief Commercial Officer, Subbu Sthanu.

Beyond privacy, with no moving parts, RAM-only servers are often more durable and easier to maintain or upgrade, too.

Which IPVanish’s servers are RAM-only?

IPVanish started the rollout of its RAM-only servers, launching them in 19 locations to start with. Right now, these privacy-focused servers are available in Australia, France, Germany, Hong Kong, Japan, the Netherlands, Sweden, and the United States.


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IPVanish has a server tracker that will be kept updated as more servers get added.

You can connect to these servers if you’re using IPVanish’s latest iOS or macOS apps. However, users running Windows or Android will need to wait, as those options are being added before the end of 2025. IPVanish for the Apple TV and the Fire TV will get the upgrade in early 2026.

Ultimately, IPVanish plans to transition all of its server network (of 148 locations across the globe) to RAM-only by 2027. This could help it compete against some of the most secure VPN providers.

Today’s best IPVanish deals

Other RAM-only servers VPNs

We’ve reviewed every single leading VPN service out there (and some that aren’t quite up to par), and we’ve seen some of our favorites make the switch to RAM-only servers over the years.

Notable mentions here include ExpressVPN with its TrustedServer technology, which runs entirely on RAM, as well as NordVPN and Private Internet Access (PIA). There are clear merits to the tech, which, for many of these providers, serves as an extra layer of safety on top of already stringent security measures.

However, not all of the top-rated VPNs lean into RAM-only servers.

ProtonVPN, which is also highly rated by our reviewers for privacy and security, chooses not to use RAM-only servers. Proton explains that even RAM storage can be targeted by threat actors if the server is turned on, and full-disk encryption achieves the same kind of protection.

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NFT Gaming

Trump’s Stalled CFTC Chair Nominee Takes Feud With Winklevoss Twins Public

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In brief

  • Brian Quintenz, President Trump’s nominee to head the CFTC, publicly released screenshots of purported Signal messages with Gemini founders Tyler and Cameron Winklevoss.
  • Quintenz claimed that they tried to derail his nomination after he wouldn’t commit to their demands regarding CFTC reform.
  • According to Quintenz, the Winklevoss brothers threatened to contact President Trump directly about the matter, and his Senate confirmation vote was subsequently pulled at the White House’s request.

Brian Quintenz, President Donald Trump’s long-stalled pick to head the CFTC, escalated a spat with Gemini founders Tyler and Cameron Winklevoss Wednesday, publicly posting what he said were screenshots of conversations with the twin crypto entrepreneurs regarding their reported attempts to derail his nomination.

The images show what appears to be a text conversation on messaging app Signal between Quintenz and the Winklevosses on July 24. Decrypt reached out to a Gemini representative to confirm the accuracy of the screenshots, but did not immediately receive a response. 

In the conversation, the Winklevoss brothers grill the nominee over his reaction to, and enthusiasm regarding, a complaint filed by their crypto exchange Gemini in June over how the CFTC handled an investigation and eventual lawsuit against the company.

I’ve never been inclined to release private messages. But in light of my support for the President and belief that he might have been misled, I’ve posted here the messages that include the questions Tyler Winklevoss asked me pertaining to their prior litigation with the CFTC.

I… pic.twitter.com/MN75M1XUpT

— Brian Quintenz (@BrianQuintenz) September 10, 2025

In 2022, the regulator sued Gemini for making “material false or misleading statements” to regulators years prior about its Bitcoin offerings. Gemini ultimately settled the suit this January, paying $5 million without admitting or denying any wrongdoing.

In the text conversation with Quintenz, the Winklevosses appear to take issue with Quintenz’s excitement about their complaint, and flexed their closeness with the president. 

“Our complaint raises serious questions and concerns about the culture of the agency that you are about to chair and its overall fitness on the eve of it being contemplated as a major regulator for the crypto industry,” Tyler wrote, according to the screenshots. “Cultural reform, which includes rectifying what happened to us, should be the highest priority.”



Per the texts, Tyler went on to quiz Quintenz about his commitment to that goal, and said he was potentially going to reach out to “the president himself” to discuss the matter.

“I believe these texts make it clear what they were after from me, and what I refused to promise,” Quintenz wrote today on X. “It’s my understanding that after this exchange they contacted the president and asked that my confirmation be paused for reasons other than what is reflected in these texts.”

Quintenz went on to emphasize his closeness with Trump and his commitment to supporting his agenda.

The CFTC nominee, who currently heads global policy at venture capital giant Andreessen Horowitz, previously served as a CFTC commissioner during the first Trump administration. Trump nominated him to chair the committee in February, but his confirmation has stalled for months. Days after the texts described above were reportedly exchanged, a Senate committee pulled a vote on Quintenz’s nomination, at the request of the White House.

In the weeks following the botched vote, top crypto lobbying groups urged the president to stand by his nomination of Quintenz, who is widely expected to treat the industry favorably at a crucial moment for its interaction with the CFTC.

Pending crypto market structure legislation would give the relatively obscure regulator extensive new powers over the vast majority of the digital asset economy and companies including the Winklevoss’ Gemini, which plans to go public on Wall Street later this week.

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Winklevoss Twins Heave $21M Toward Republicans in Next Year's Congressional Battles
Crypto Trends

Trump’s CFTC Hopeful Quintenz Takes His Dispute With Gemini’s Tyler Winklevoss Public

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Brian Quintez, U.S. President Donald Trump’s nominee to run the Commodity Futures Trading Commission, published a text exchange he had with Tyler Winklevoss in his first public statement since his confirmation process appeared to stall over the summer at the White House’s direction, saying he believed that Trump “might have been misled.”

Quintenz shared a series of text messages he said he’d exchanged with Tyler Winklevoss, the co-founder and CEO of crypto exchange Gemini — which is set to go public this week — and Winklevoss Capital. Cameron Winklevoss, Tyler’s twin brother and co-founder, may have also been in the group chat, which was titled “tw-cw-bq” but did not send any messages in the screenshots shared by Quintenz. In the chat, dated July 24, Tyler Winklevoss asked Quintenz if he’d seen a post on X from June 17 where Tyler announced Gemini had filed a complaint with the CFTC’s inspector general about Division of Enforcement attorneys who had pursued charges against Gemini.

“I believe these texts make it clear what they were after from me, and what I refused to promise,” Quintenz said in his posts, representing a highly unusual move for a nominee in the midst of a federal confirmation process. “It’s my understanding that after this exchange they contacted the president and asked that my confirmation be paused for reasons other than what is reflected in these texts.”

Before the Senate left Washington for its August break, Quintenz’s nomination was set for what was thought to be an easy procedural step in the Senate Agriculture Committee to advance it to the floor for his final confirmation vote. But the White House halted that vote for reasons it didn’t make clear at the time, though Gemini co-founder Tyler Winklevoss had been waging a rhetorical campaign to stop his confirmation.

Winklevoss told CoinDesk in an interview in July that he’d been making the case that Quintenz was a bad choice because of the former commissioner’s wish to increase the CFTC budget to oversee the crypto industry, his past views on the legal liability for crypto developers and what Winklevoss characterized as Quintenz’s improper attempts to influence the CFTC on behalf of prediction market firm Kalshi.

Read more: Gemini’s Tyler Winklevoss Says Trump CFTC Pick Quintenz Has ‘Disqualifying’ Views

Quintenz’s post on Wednesday suggested that, in his view, Winklevoss was upset that Quintenz did not join in criticism of CFTC’s enforcement efforts after the agency pursued charges against Gemini that were settled in January.

“I know we had spoken about this in the winter where I recalled my original extreme disappointment at [the Enforcement Division] for pursuing this so aggressively,” a text from Quintenz said. “I commit to you to having a fair and reasonable review of the matter and the division and individuals involved to determine if they acted inappropriately.”

He went on to say that a “fully confirmed chair” should be the person to handle the matter, but that if someone currently employed by the CFTC was “communicating with” the Winklevosses, he would have to “give that careful thought.”

Winklevoss asked if Quintenz was saying that Gemini should have waited to file their complaint until after the Senate confirmed the former commissioner, to which Quintenz replied that “any decision or response to your complaint should be made by and given the full weight of the confirmed chair.”

The crypto executive said they had spoken about the CFTC’s enforcement effort against Gemini after Quintenz asked for the Winklevoss brothers’ endorsement in December.

“Cultural reform, which includes rectifying what happened to us, should be the highest priority,” Winklevoss said. “I’d like to understand your thoughts on this and how you plan to align with President Trump and the administration’s mandate to end the lawfare and make amends for it.”

He added that he would “be happy to raise the issue with the president himself” if Quintenz thought he was being undermined by current CFTC employees.

Quintenz, Winklevoss and a spokesperson for Gemini did not immediately return requests for comment. CoinDesk could not independently verify the texts’ authenticity.

In July, a coalition that represented the vast majority of the crypto industry came out to press President Donald Trump to move forward to get Quintenz confirmed, calling him the “right person at the right time” to run the CFTC. Though the Senate has been back from break for a while and has returned to its confirmation work for many of Trump’s appointees, the committee hasn’t yet scheduled a follow-up vote for Quintenz

Meanwhile, Securities and Exchange Commission Chairman Paul Atkins has been pressing forward on an industry-friendly “Project Crypto” initiative while the temporary chief at the CFTC, Acting Chairman Caroline Pham has been standing in at the sister agency with a similar “crypto sprint.” The two of them have made recent joint moves to clear the regulatory path for digital assets.



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