Brian Quintenz was considered a likely candidate to be named as the chair of the Commodity Futures Trading Commission. However, his potential appointment has been put on hold following meetings with the Winklevoss twins. The Winklevosses have significant influence in the cryptocurrency space due to their ownership of around 1% of all bitcoin in circulation, which is equivalent to approximately 200,000 bitcoins. This development has left Quintenz in a state of uncertainty regarding his potential new role.