🔴 Urgent | The U.S. Commodity Futures Trading Commission is looking for technology experts to build custom rules for crypto and artificial intelligence

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📰 The News

An official at the U.S. Commodity Futures Trading Commission announced that the commission seeks to attract the best talents in technology and financial markets to build a regulatory framework specifically designed for crypto, artificial intelligence, and prediction markets

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📌 Key Details

— The commission wants experts from within the industry, not bureaucrats who are unaware of technology

— The rules to be built will be designed for the nature of these innovations, not adapted from old rules

— This step aligns with the chairman's statement that he will not "stifle innovators with rules from a different era"

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✦ Summary

Good regulation starts with understanding what you are regulating

The commission is building its team before establishing its rules — and this is the right approach

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Do you think involving industry experts in building regulation will make it fairer and more effective? 👇

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