Crypto CEOs Join U.S. CFTC's Innovation Council to Steer Market Developments
The CFTC established a CEO Innovation Council, including crypto leaders, to advise on derivatives market structure, tokenization, and blockchain.Summary
The Commodity Futures Trading Commission (CFTC) has launched its CEO Innovation Council, designed to explore developments in derivatives market structure, particularly concerning tokenization, crypto assets, 24/7 trading, and blockchain infrastructure. The council includes CEOs from major crypto firms like Gemini (Tyler Winklevoss) and Kraken (Arjun Sethi), alongside executives from traditional finance entities such as CME Group, Nasdaq, and Intercontinental Exchange. CFTC Acting Chairman Caroline Pham stated she is grateful for the CEOs' willingness to share their vision. This initiative is part of a rapid series of crypto-focused actions by Pham before her expected departure, as President Donald Trump's nominee, Mike Selig, is anticipated to be confirmed soon. Pham has made crypto policy a central focus, aligning with directives to position the U.S. as a leading digital asset hub.
(Source：CoinDesk)