U.S. Commodity Futures Trading Commission Announces First Members of Innovation Working Group to Advance Cryptocurrency Regulatory Clarity

Odaily News The U.S. Commodity Futures Trading Commission (CFTC) Chairman Mike Selig has announced the first members of the newly established Innovation Working Group, aiming to provide clear industry rules for American innovators. The working group is led by Mike Selig's senior advisor Michael Passalacqua. The initial five members include former Latham & Watkins cryptocurrency lawyer Hank Balaban, former Patomak cryptocurrency and prediction markets advisor Sam Canavos, CFTC legal veteran Mark Fajfar, former Sidley blockchain lawyer Eugene Gonzalez IV, and CFTC Division of Market Participants special counsel Dina Moussa. Additionally, Mike Selig has launched an Innovation Tracker, highlighting the agency's work in advancing regulatory clarity, market integrity, and technological progress, with key focus areas including cryptocurrency and blockchain, AI and autonomous systems, contracts and prediction markets.