The Commodity Futures Trading Commission has added executives from leading crypto firms, including Coinbase and Ripple, to its newly formed Innovation Advisory Committee.
CFTC chair Mike Selig said the 35-member panel will help ensure regulatory decisions reflect market realities and support the development of clear rules for evolving financial markets.
The expanded list includes Brian Armstrong and Brad Garlinghouse, alongside senior figures from Gemini, Polymarket, Kalshi, Crypto.com and several major exchanges and trading platforms.
Of the 35 members, 20 are affiliated with crypto-related companies, while at least five have ties to prediction market platforms, underscoring the sector’s growing influence within derivatives policy discussions.
The Innovation Advisory Committee was launched in January, replacing the Technology Advisory Committee, and is tasked with advising the regulator on emerging products, platforms and business models in financial markets.
Selig has indicated the CFTC will take a more receptive approach to crypto and has begun coordinating with the Securities and Exchange Commission on regulatory oversight of digital assets.
In addition to the committee’s input, the CFTC said it will also consider perspectives from other regulators, academia and public interest groups as it develops future policy frameworks.