The Commodity Futures Trading Commission (CFTC) has launched an Innovation Task Force to guide cryptocurrency regulation and define regulatory boundaries in U.S. markets. Announced by Chairman Michael S. Selig, the task force aims to deliver clear regulatory guidelines for digital assets, blockchain systems, artificial intelligence, and prediction markets. This initiative follows recent coordination with the Securities and Exchange Commission (SEC) and new guidance for firms handling crypto activities.
Led by Michael J. Passalacqua, the task force includes internal staff and external experts, such as Mark Fajfar and Taylor Foy, to ensure comprehensive policy development. The CFTC's move reflects a broader regulatory scope and commitment to stronger oversight, with efforts to clarify jurisdiction boundaries in collaboration with the SEC and other advisory groups.
CFTC Establishes Innovation Task Force to Enhance Crypto Regulation
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