CoinWorld News reports that Mike Selig, the chairman of the U.S. Commodity Futures Trading Commission (CFTC), announced the first members of the newly established Innovation Working Group, aimed at providing clear industry rules for American innovators. This working group is led by Michael Passalacqua, a senior advisor to Mike Selig, and the first five members include former Latham & Watkins crypto lawyer Hank Balaban, former Patomak crypto and predictive markets advisor Sam Canavos, CFTC legal veteran Mark Fajfar, former Sidley blockchain lawyer Eugene Gonzalez IV, and CFTC Market Participants Division special advisor Dina Moussa. Additionally, Mike Selig released an Innovation Tracker, highlighting the agency's work in advancing regulatory clarity, market integrity, and technological progress, with a focus on areas including cryptocurrencies and blockchain, AI and autonomous systems, contracts and predictive markets.