CFTC Launches Innovation Advisory Committee for Financial and Crypto Regulation

The U.S. Commodity Futures Trading Commission (CFTC) has established an Innovation Advisory Committee (IAC) to guide regulatory approaches for emerging financial technologies, including cryptocurrencies. Chaired by Mike Selig, the committee comprises experts from industry, academia, and regulatory bodies to ensure practical and transparent market oversight.

The IAC replaces the former Technology Advisory Committee, broadening its scope to address rapid advancements in crypto assets and decentralized finance. This MOVE signals the CFTC's proactive stance in adapting regulations to evolving market conditions while maintaining fair competition.

Notably, the announcement comes amid growing institutional interest in digital assets, with several CFTC-regulated derivatives already tracking bitcoin and Ethereum. The committee's recommendations could influence future policy on crypto derivatives, stablecoins, and blockchain-based financial instruments.