CFTC forms 35-member advisory panel stacked with crypto leaders as regulator signals shift toward friendlier digital asset rules.
The U.S. Commodity Futures Trading Commission (CFTC) has selected several cryptocurrency executives to serve on its newly created Innovation Advisory Committee (IAC).
This development comes as the agency, led by Chair Michael S. Selig, continues to indicate that his administration plans to adopt a more permissive approach to regulating the digital asset industry.
IAC Appointee List Announced
Of the 35 members making up the panel, 20 are tied to companies involved in crypto, while at least five are involved in prediction markets. Among them are Crypto.com CEO Kris Marszalek, Gemini co-founder Tyler Winklevoss, Kalshi CEO Tarek Mansour, and Polymarket architect Shayne Coplan.
“Today marks an important and energizing moment at the CFTC as the Innovation Advisory Committee takes shape,” said Selig in a Thursday press release.
Additional members include Anchorage Digital’s top executive, Nathan McCauley, Grayscale’s Peter Mintzberg, Robinhood CEO Vladimir Tenev, Solana’s Anatoly Yakovenko, as well as Ripple chief Brad Garlinghouse, and Coinbase’s Brian Armstrong.
Executives at Paradigm, DraftKings, and the Depository Trust & Clearing Corporation (DTCC) were also included, together with representatives from traditional finance institutions such as Cboe, CME, Nasdaq, and the Options Clearing Corporation (OCC), among other firms.
Selig said the main aim is to ensure America remains the home to the most transparent and well-regulated financial markets in the world.
“By bringing together participants from every corner of the marketplace, the IAC will be a major asset for the Commission as we work to modernize our rules and regulations for the innovations of today and tomorrow,” he added.
Market Innovation and Crypto Regulation Streamlining
The IAC, launched in January, replaces the Technology Advisory Committee (TAC), which previously provided guidance on how emerging technologies were affecting derivatives markets.
You may also like:
-
US CPI Data for January Shows Cooling Inflation: How Will Bitcoin’s Price React?
-
SEC Head Defends Enforcement Changes Amid Justin Sun Case Questions
-
Banks Take Hard Line on Stablecoin Yields as White House Talks Stall
The new body will serve as a resource on developments in derivatives and commodity markets, helping the Commission assess how innovations such as artificial intelligence (AI) and blockchain are reshaping financial systems and informing the development of adaptive regulatory frameworks.
The CFTC has also begun coordinating with the Securities and Exchange Commission (SEC) through a joint initiative known as “Project Crypto.”
The effort is aimed at harmonizing regulatory approaches to digital asset markets, reducing jurisdictional overlap between the agencies, and providing clearer and more predictable rules for cryptocurrency companies operating in America.
SECRET PARTNERSHIP BONUS for CryptoPotato readers: Use this link to register and unlock $1,500 in exclusive BingX Exchange rewards (limited time offer).
