The US Commodity Futures Trading Commission has formed a new Innovation Advisory Committee that brings together crypto and Wall Street leaders. Chair Michael Selig wants the group to help develop clearer rules for digital assets, blockchain, and artificial intelligence in the United States derivatives market.
Who Sits on the New Innovation Committee
The committee appointed by the CFTC has 35 members, including several notable names from both traditional finance and the cryptocurrency sector. Some of the members include Tyler Winklevoss, the CEO of Gemini; Anatoly Yakovenko, one of the co-founders of Solana Labs; and Brad Garlinghouse and Brian Armstrong, the CEO of Coinbase.
The Depository Trust & Clearing Corporation, CME Group, Cboe Global Markets, and Intercontinental Exchange are among the prominent clearing houses and exchanges represented on the roster. In addition to academics and industry associations like ISDA and FIA, venture investors and DeFi builders include Chris Dixon of a16z Bitcoin and Hayden Adams, CEO of Uniswap Labs.
What the Innovation Committee Will Do
The new committee replaces the CFTC’s older Technology Advisory Committee and has a broader mandate across emerging tech. Its charter asks members to advise on how tools like blockchain, AI, and cloud computing are changing trading, risk, and market structure in derivatives and commodity markets.
Members will study topics including asset tokenization, crypto derivatives, 24/7 trading, prediction markets, and automated market surveillance. The group will also recommend how the CFTC should invest in its technology to monitor markets in real time and enforce rules more effectively.
The committee launch is one of Selig’s first big policy moves since he took over the CFTC late last year. It builds on earlier efforts, such as the CEO Innovation Council, which Acting Chair Caroline Pham established to bring tokenized assets and crypto collateral into regulated derivatives pilots.
The CFTC indicates that digital assets are moving into the center of U.S. market governance, rather than remaining on the periphery, by granting formal advisory board seats to both crypto innovators and traditional finance professionals. With investor safety and market integrity at the forefront, regulators hope this diversity of viewpoints will yield “clear rules of the road” for digital asset markets.
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