Acting CFTC chair seeks CEOs for ‘innovation council,’ citing crypto
The US CFTC opened nominations for a CEO-led advisory group that will help shape policy on crypto, prediction markets and other emerging products.
Caroline Pham, acting chair of the US Commodity Futures Trading Commission, called for nominations of CEOs to fill seats on a council to discuss policies, including those related to digital assets.
In a Tuesday notice, Pham said the CFTC would be accepting submissions until Dec. 8 for a “CEO Innovation Council,” referencing the regulator’s previous efforts to regulate digital assets, including its “Crypto Sprint” initiative, a crypto industry forum, and Congress’ progress with a market structure bill. The acting chair said the council would focus on the CFTC’s “expanded mission over crypto and prediction markets.”
“The CFTC stands ready to carry out our mission over expanded markets and products, including crypto and digital assets, and ensure our markets remain vibrant and resilient while protecting all participants,” said Pham. “In order to hit the ground running, it is critical that the CFTC drives public engagement with the support of expert industry leaders and visionaries who are building the future.”
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