Mike Selig has occupied chairman’s post at the U.S. Commodity Futures Trading Commission (CFTC) a few weeks ago, and he’s now reconfiguring the agency with a rebuilt innovation committee that will start with a host of crypto insiders, according to a Monday statement.
His predecessor for a brief period, former Acting Chairman Caroline Pham, had quickly brought together a group of chief executive officers focused on innovative financial technology in her final days at the agency.
Selig is now using that list of names as “charter members” of the Innovation Advisory Committee. It means the committee’s first members will be executives from such crypto firms as Gemini, Kraken, Bitnomial, Crypto.com and Bullish, which is the parent company of CoinDesk.
Besides well-known crypto executives such as Gemini’s Tyler Winklevoss and Kraken’s Arjun Sethi, others who’d been announced last month as members of the CEO group included leaders of prediction market firms Polymarket and Kalshi, plus executives from more traditional names such as Nasdaq, CME Group, Intercontinental Exchange and Cboe Global Markets.
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