CFTC Announces CEO Innovation Council to Explore Crypto and Tokenization Developments

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The U.S. Commodity Futures Trading Commission (CFTC) has launched its CEO Innovation Council to examine blockchain innovation and market developments in crypto, tokenization, and derivatives. According to Coindesk, the council includes Tyler Winklevoss of Gemini, Arjun Sethi of Kraken, and executives from CME Group, Nasdaq, and Cboe Group. CFTC Acting Chairman Caroline Pham highlighted the council’s focus on 24/7 trading and crypto market update initiatives like perpetual contracts and prediction markets. Recent CFTC actions include a crypto collateral pilot and approval of leverage spot trading by Bitnomial. Pham’s term is set to end, with Mike Selig, Trump’s nominee, expected to replace her soon.
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