CFTC Launches Innovation Panel to Oversee Crypto and Prediction Markets
The Commodity Futures Trading Commission (CFTC) has taken a decisive step toward regulating emerging financial technologies by establishing an Innovation Advisory Committee. Chair Michael Selig rebranded the former Technology Advisory Committee to reflect its expanded mandate—addressing cryptocurrencies, blockchain-based assets, and prediction markets.
This strategic pivot underscores the CFTC's recognition of AI, cloud computing, and decentralized finance as transformative forces reshaping global markets. The agency seeks expert input to develop frameworks ensuring market integrity amid rapid technological change.