CFTC Announces Initial Crypto Task Force Members
Summary
The U.S. Commodity Futures Trading Commission (CFTC) has unveiled the first members of its Innovation Task Force, led by Michael Passalacqua. The team includes five experts with backgrounds in law, blockchain, and market regulation, aimed at establishing clear rules for American innovators. This initiative, supported by Chairman Mike Selig, aligns with a broader push under the Donald Trump administration to regulate digital assets, artificial intelligence, and prediction markets. The agency has also launched an "innovation tracker" to monitor progress, though long-term regulatory certainty remains contingent on Congress passing the proposed Clarity Act.
(Source:Cointelegraph)