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The U.S. Commodity Futures Trading Commission announced the first batch of members of the Innovation Committee to promote clarity in cryptocurrency regulation
The chairman of the U.S. Commodity Futures Trading Commission (CFTC), Mike Selig, announced the first members of the newly established Innovation Working Group, aimed at providing clear industry rules for American innovators. The working group is led by Mike Selig's senior advisor, Michael Passalacqua, and the first five members include former Latham & Watkins crypto lawyer Hank Balaban, former Patomak crypto and prediction markets advisor Sam Canavos, CFTC legal senior official Mark Fajfar, former Sidley blockchain lawyer Eugene Gonzalez IV, and CFTC Market Participants Division special advisor Dina Moussa.
In addition, Mike Selig also released an Innovation Tracker, highlighting the agency's work in advancing regulatory clarity, market integrity, and technological progress, with a primary focus on areas including cryptocurrency and blockchain, AI and autonomous systems, contracts and prediction markets.
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