CFTC forms Innovation Advisory Committee with Ripple, Coinbase, and Robinhood CEOs to guide crypto and AI market regulation.
The U.S. Commodity Futures Trading Commission has formed a new Innovation Advisory Committee that includes senior leaders from major crypto firms.
The panel will advise the agency on blockchain, digital assets, prediction markets, and artificial intelligence in financial markets.
CFTC Forms Innovation Advisory Committee
The Commodity Futures Trading Commission announced the creation of its Innovation Advisory Committee.
The committee will provide guidance on emerging technologies in financial markets. These include blockchain networks, decentralized finance platforms, and AI-based systems.
CFTC Chair Michael Selig described the launch as an “energizing moment” for the agency. He said the group will help “future-proof” U.S. financial markets.
The agency aims to ensure its rules reflect fast-changing trading platforms.
The committee includes 35 members from crypto firms and traditional finance companies. Representatives from Nasdaq and CME will also participate.
The group will meet regularly and provide recommendations to the Commission.
Crypto Leaders Join the Panel
Ripple CEO Brad Garlinghouse has been appointed to the committee. Coinbase CEO Brian Armstrong and Robinhood CEO Vlad Tenev are also members.
The panel includes Kraken Co-CEO Arjun Sethi and Gemini Co-Founder Tyler Winklevoss.
Other members include Uniswap Labs CEO Hayden Adams and Chainlink Labs Co-Founder Sergey Nazarov.
Solana Labs Co-Founder Anatoly Yakovenko will also serve. Kris Marszalek, CEO of Crypto.com, joins the advisory body.
Polymarket CEO Shayne Coplan is part of the committee as well. The presence of prediction market platforms reflects the agency’s broader focus.
The CFTC said it wants to address platforms that blend trading and event-based contracts.
Related Reading: New CFTC Guidance Brings Stablecoins Deeper Into U.S. Finance
Focus on Crypto and Market Structure
The committee will examine crypto market structure and regulatory clarity. It will also review how decentralized platforms operate within existing laws.
Artificial intelligence in trading systems is another area of focus.
The CFTC said the panel will support innovation while maintaining market integrity. It aims to expand its oversight as digital assets grow.
The agency also seeks input from industry leaders on risk management standards.
The formation of the committee comes amid wider discussions on U.S. crypto regulation. Lawmakers continue to debate digital asset legislation.
The advisory group is expected to provide technical insight as policy discussions continue.
Source: https://www.livebitcoinnews.com/cftc-taps-ripple-coinbase-robinhood-ceos-on-crypto-panel/
