CFTC Chair Initiates CEO Council To Shape Crypto Regulations And Market Structure
PositiveCryptocurrency

- Acting Chair Caroline Pham of the U.S. Commodity Futures Trading Commission (CFTC) announced the formation of the CEO Innovation Council, inviting nominations to help shape cryptocurrency regulations, with a submission deadline of December 8. This initiative aims to enhance guidance on digital asset policies and market structure.
- The establishment of the CEO Innovation Council is significant as it seeks to involve industry leaders in the regulatory process, potentially leading to more informed and effective policies that address the evolving landscape of cryptocurrency and digital assets.
- This development reflects a broader push for regulatory clarity in the cryptocurrency sector, as recent bipartisan efforts in Congress aim to outline comprehensive frameworks for digital asset oversight, highlighting the ongoing dialogue about the need for effective regulation in a rapidly changing financial environment.
— via World Pulse Now AI Editorial System





