CFTC Chair Selig Forms Advisory Panel with Crypto Experts

CFTC Chair Selig has established a 35-member advisory panel to guide oversight of emerging technologies like blockchain and AI.

CFTC Chair Rostin Behnam has announced the formation of a 35-member advisory committee aimed at enhancing the commission's approach to innovative technologies. This panel, known as the Innovation Advisory Committee (IAC), will bring together leading experts in the fields of cryptocurrency and blockchain.

According to Behnam, the IAC is designed to assist the Commodity Futures Trading Commission in navigating its regulatory responsibilities concerning groundbreaking advancements such as artificial intelligence and blockchain technology. The establishment of this advisory group signals the agency's commitment to fostering an environment conducive to technological progress while ensuring effective oversight.