PANews, February 13: According to The Block, Michael S. Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), announced the formation of a 35-member Innovation Advisory Committee, with several senior executives from the cryptocurrency industry appointed to the panel. Selig stated that the committee will assist the CFTC in developing a regulatory framework for “breakthrough technologies” such as artificial intelligence and blockchain in financial markets, ensuring that its decisions reflect market realities and establish clear rules for what he called “the golden age of U.S. financial markets.” Committee members include representatives from blockchain projects, including Vivek Raman of Etherealize, Anatoly Yakovenko of Solana Labs, Brad Garlinghouse of Ripple, Sergey Nazarov, CEO of Chainlink Labs, and Hayden Adams, CEO of Uniswap Labs. Executives from centralized exchanges—including Bullish, Coinbase, Crypto.com, Gemini, Kraken, Bitnomial, and Robinhood—are also represented. Shayne Coplan, founder of the prediction market platform Polymarket, and Tarek Mansour, founder of Kalshi, have also been appointed. Representatives from crypto venture capital firms include Chris Dixon of a16z crypto, Vance Spencer of Framework Ventures, and Alana Palmedo of Paradigm. The committee also includes representatives from traditional financial institutions such as Cboe, CME, DTCC, Nasdaq, and the Options Clearing Corporation.
The U.S. CFTC Appoints a 35-Member Innovation Advisory Committee Featuring Major Crypto Executives
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The U.S. Commodity Futures Trading Commission (CFTC) announced the formation of a 35-member Innovation Advisory Committee, including senior executives from the crypto industry. CFTC Chair Michael S. Selig leads the panel, which will provide guidance on regulatory frameworks for AI and blockchain in finance. Members represent Ethereum, Solana, Ripple, Coinbase, Kraken, and Cboe. The group addresses CFTC concerns while monitoring liquidity and crypto markets. Traditional firms such as Nasdaq and Gemini also participate.
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