The U.S. Commodity Futures Trading Commission has tapped a who’s-who of crypto and traditional finance leaders for a newly created 35-member Innovation Advisory Committee (IAC), a move that signals the agency’s intent to play a central role in shaping crypto regulation. Among the appointees are some of the industry’s most recognizable executives — Coinbase CEO Brian Armstrong and Ripple CEO Brad Garlinghouse — along with top leaders from Robinhood and Uniswap Labs. The committee is designed to advise the CFTC on how to update rules and oversight to accommodate fast-evolving financial innovation. “We’re bringing together participants from every corner of the marketplace,” CFTC Chair Mike Selig said, adding that the IAC “will be a major asset for the Commission as we work to modernize our rules and regulations for the innovations of today and tomorrow.” The new panel expands and repurposes a smaller CEO council the agency put together late last year prior to Selig’s arrival. The earlier council included figures such as Gemini’s Tyler Winklevoss, Kraken co-CEO Arjun Sethi and Polymarket CEO Shayne Coplan. The enlarged IAC adds further crypto CEOs and executives from consumer-focused platforms like FanDuel and DraftKings, while also bringing in leaders from established market infrastructure firms — including the heads of Nasdaq, CME Group, Cboe Global Markets, the Futures Industry Association (FIA) and ISDA. Other notable members announced include Chris Dixon of a16z Crypto, Solana Labs’ Anatoly Yakovenko, Grayscale’s Peter Mintzberg, Chainlink Labs’ Sergey Nazarov, Paradigm’s Alana Palmedo and Tom Farley, CEO of Bullish (the parent company of CoinDesk). The committee comes as the CFTC coordinates more closely with the Securities and Exchange Commission, having formally joined the SEC’s Project Crypto as part of a broader crypto agenda Selig recently outlined. The CFTC has published the full membership list for the Innovation Advisory Committee for those who want to review all 35 appointees. Read more AI-generated news on: undefined/news
