Ex-CFTC Commissioner: SEC and CFTC Can Use Exemptive Authority to Fill Crypto Regulatory Gaps

The intervention matters less as a policy proposal than as a signal about where regulatory clarity may actually come from. Exemptive relief is agency-level and faster than legislation, which shifts the practical question from whether Congress acts to whether the SEC and CFTC are willing to stretch existing authority on their own. Quintenz's refusal to name specific exemptions or timelines is the tell: the mechanism is plausible, but nothing concrete is yet on the table, and the open question is whether either agency moves first.