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The U.S. Commodity Futures Trading Commission announces the first members of the Innovation Working Group to promote clarity in cryptocurrency regulation
ME News Report, April 11 (UTC+8), the Chairman of the U.S. Commodity Futures Trading Commission (CFTC), Mike Selig, announced the first members of the newly established Innovation Working Group, aimed at providing clear industry rules for American innovators. The working group is led by Mike Selig’s senior advisor, Michael Passalacqua, and the initial five members include former Latham & Watkins crypto attorney Hank Balaban, former Patomak crypto and prediction market consultant Sam Canavos, CFTC legal veteran Mark Fajfar, former Sidley blockchain attorney Eugene Gonzalez IV, and CFTC Market Participants Division special advisor Dina Moussa. Additionally, Mike Selig released an Innovation Tracker highlighting the agency’s efforts to promote regulatory clarity, market integrity, and technological advancement, with key focus areas including cryptocurrencies and blockchain, AI and autonomous systems, and contracts and prediction markets. (Source: ChainCatcher)