CFTC Expands Innovation Advisory Committee with Coinbase and Ripple Leaders

The CFTC's Innovation Advisory Committee grows to 35 members, featuring executives from Coinbase and Ripple, aiming to enhance regulatory discussions.

In a significant development, the Commodity Futures Trading Commission (CFTC) has broadened its Innovation Advisory Committee to include prominent executives from Coinbase and Ripple. This move comes from CFTC chair Mike Selig, who originally initiated the committee in January, initially appointing 12 charter members.

On Thursday, the final list of committee members was expanded to a total of 35, reinforcing the CFTC's commitment to fostering innovation within the cryptocurrency and financial sectors.