CFTC launches innovation committee to shape crypto and AI rules

The US Commodity Futures Trading Commission has created a new Innovation Advisory Committee to help guide regulation of blockchain, artificial intelligence and other emerging technologies.

CFTC chair Mike Selig said the committee will replace the existing Technology Advisory Committee and focus on practical, forward-looking market rules.

The panel will advise on the commercial and economic impact of new financial products, platforms and business models.

Innovators are harnessing technologies such as artificial intelligence, blockchain, and cloud computing to modernise legacy financial systems and build entirely new ones.

Mike Selig said.

The CFTC said blockchain and AI are reshaping markets by enabling faster transactions and improved data analysis for trading and risk management.

Selig plans to nominate members of a new CEO Innovation Council as charter participants in the committee.

Proposed members include Gemini chief executive Tyler Winklevoss, Polymarket chief executive Shayne Coplan, Crypto.com chief executive Kris Marszalek and Kraken co-chief executive Arjun Sethi.

Executives from traditional financial firms such as Intercontinental Exchange, Cboe Global Markets and Nasdaq are also expected to participate.

The CFTC said it will consider input from regulators, academics and public interest groups, with applications open until January 31, 2026.

Andreessen Horowitz said closer alignment between the US government and private sector is essential for maintaining America’s technological leadership.