Acting CFTC chair seeks CEOs for ‘innovation council,’ citing crypto
PositiveCryptocurrency
- The U.S. Commodity Futures Trading Commission (CFTC) has initiated nominations for a new CEO-led advisory group aimed at influencing policy on cryptocurrency, prediction markets, and other emerging financial products. This move is part of a broader effort to engage industry leaders in shaping regulatory frameworks that address the evolving landscape of digital assets.
- The establishment of this innovation council is significant as it seeks to incorporate insights from CEOs into regulatory discussions, potentially leading to more informed and effective policies that can foster innovation while ensuring market integrity in the cryptocurrency sector.
- This development reflects a growing recognition of the importance of collaboration between regulators and industry stakeholders, particularly as the cryptocurrency market continues to gain traction. The push for regulatory clarity is echoed by recent bipartisan efforts in Congress to outline comprehensive frameworks for cryptocurrency policy, highlighting the increasing political and economic significance of digital assets.
— via World Pulse Now AI Editorial System
