ChainCatcher report: CFTC Chairman Mike Selig announced the first members of the newly formed Innovation Working Group, aimed at providing clear industry guidelines for U.S. innovators. Led by Michael Passalacqua, Senior Advisor to Mike Selig, the initial five members include former Latham & Watkins crypto lawyer Hank Balaban, former Patomak crypto and prediction markets advisor Sam Canavos, CFTC legal veteran Mark Fajfar, former Sidley blockchain lawyer Eugene Gonzalez IV, and CFTC Special Advisor in the Division of Market Participants Dina Moussa. Additionally, Mike Selig launched the Innovation Tracker, highlighting the agency’s efforts to advance regulatory clarity, market integrity, and technological progress, with key focus areas including cryptocurrencies and blockchain, AI and autonomous systems, and contracts and prediction markets.
The U.S. CFTC Announces the First Members of the Innovation Working Group to Clarify Crypto Regulations
ChaincatcherShare
Summary
U.S. Commodity Futures Trading Commission (CFTC) Chair Mike Selig has appointed the first members of the Innovation Working Group, part of an initiative to clarify regulations for crypto exchanges. The group is led by senior advisor Michael Passalacqua and includes legal and market experts from both the public and private sectors. Alongside the working group, Selig launched the Innovation Tracker, which will monitor the agency’s activities in crypto and blockchain, as well as CFT compliance in digital finance.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.