- Mike Selig announced a new Innovation Advisory Committee to guide CFTC policy on emerging technologies.
- The committee replaces the Technology Advisory Committee and will advise on practical, commercial, and economic issues for new market models.
- Twelve charter members from crypto and traditional finance are slated for nomination, including CEOs from Gemini, Kraken, crypto.com, Cboe, Nasdaq, and Intercontinental Exchange.
- The body will consider input from regulators, academics, and public interest groups and is accepting additional nominations through Jan. 31, 2026.
- Officials highlighted blockchain and AI as drivers of faster, cheaper, and more transparent markets and cited the need for clear rules to support innovation.
Mike Selig, chair of the U.S. Commodity Futures Trading Commission, unveiled a new Innovation Advisory Committee on Monday to guide regulation of blockchain, AI, and other market-changing technologies, and he said the group will help craft practical rules for evolving markets (said). The committee replaces the Technology Advisory Committee and aims to advise the agency on commercial, economic, and practical considerations for emerging products, platforms, and business models.
Selig will sponsor the committee and plans to nominate the 12 CEO Innovation Council participants as charter members. Named executives include crypto leaders Tyler Winklevoss (Gemini), Shayne Coplan (Polymarket), Tarek Mansour (Kalshi), Kris Marszalek (Crypto.com), and Arjun Sethi (Kraken), alongside traditional finance CEOs such as Jeff Sprecher (Intercontinental Exchange), Craig Donohue (Cboe Global Markets), and Adena Friedman (Nasdaq).
The CFTC said the committee will include perspectives from regulators, academia, and public interest groups and is accepting nominations for additional members through Jan. 31, 2026. Selig emphasized the committee’s role in developing clear guidance to support what he called the Golden Age of American Financial Markets, noting that innovators are using advanced technologies to reshape financial infrastructure.
Officials highlighted specific technology impacts: blockchain can enable faster, cheaper, and more transparent transactions on continuous markets, while AI can analyze large data sets to improve trading and risk management. The move follows a broader U.S. regulatory shift toward engaging technology and innovation in financial oversight.
A separate industry voice, venture firm a16z, stressed the importance of alignment between government and the private sector for U.S. technological leadership and national interests, noting risks if the nation falls behind. An image and related post from Selig are available on his social account (post). Readers are encouraged to verify information independently. Read the Editorial Policy.
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