The US Commodity Futures Trading Commission has added a number of blockchain industry executives along with peers from traditional finance as part of the agency’s new CEO Innovation Council.
According to Art announcement on Wednesday, the CEO Innovation Council will discuss market structure developments related to CFTC-supervised derivatives markets.
Discussion topics will primarily be “tokenization, crypto assets, 24/7 trading, perpetual contracts, prediction markets, and blockchain market infrastructure.”
The list of participants includes the heads of crypto exchanges and prediction markets such as Polymarket, Kalshi, Kraken, Gemini, Bitnomial, Crypto.com and Bullish.
Along with crypto CEOs, counterparts from traditional finance come from major exchanges such as CME Group, Cboe Global Markets, Nasdaq, Intercontinental Exchange and London Stock Exchange Group.
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“We are building on the success of the CFTC Executive Forum and the joint SEC-CFTC roundtable with our CFTC Executive Innovation Council, specifically focused on market structure development in derivatives markets,” said CFTC Acting Chair Caroline Pham.
The CFTC is working to improve the infrastructure and regulation of the derivatives market
The CFTC’s latest move comes just days after Acting Chairman Pham announced a crypto collateral derivatives market pilot program.
The pilot will allow CFTC-registered futures commission traders to accept Bitcoin (BTC), Ether (ETH) and Circle’s stablecoin USDC as margin collateral while the CFTC tests crypto integration in regulated markets.
Pham’s leadership has so far indicated that the CFTC is open to actively engaging in the crypto market and establishing clear guidelines for the sector, something previously seen as a bigger challenge for the US Securities and Exchange Commission.
Earlier this year, the CFTC also unveiled the Crypto CEO Forum, made up of CEOs from major companies like Coinbase, Circle and Ripple, with Pham pledging to “deliver on the Trump administration’s promise to ensure America leads the way in economic opportunity.”
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