Crypto CEOs at the US CFTC Innovation Council.

Important Figures from the Crypto World at the CFTC

The Acting Chair of the Commodity Futures Trading Commission (CFTC) Caroline Pham announced the formation of the CEO Innovation Council, which includes significant figures from the crypto sector, towards the end of her term. This council aims to guide the development of the cryptocurrency market.

Notable members of the council include the CEOs of Gemini, Kraken, Polymarket, Bitnomial, and many other crypto platforms. This move will strengthen the CFTC's role in shaping its policies regarding cryptocurrencies.

The new permanent chair of the CFTC, Mike Selig, is awaiting Senate confirmation. Selig was nominated by former President Donald Trump. This process is seen as a significant step that will affect the functioning of the CFTC and the regulation of cryptocurrencies.