CFTC Unveils Crypto Council for Derivatives Innovation

The Commodity Futures Trading Commission (CFTC) has established a new CEO Innovation Council, focusing on derivatives market structure developments, particularly in tokenization, cryptocurrency, and blockchain technology. The council includes leaders from crypto firms like Gemini, Kraken, and Polymarket, alongside CEOs from established financial institutions. The group will explore topics such as 24/7 trading, perpetual contracts, prediction markets, and blockchain market infrastructure. This move aligns with Acting Chairman Caroline Phams leadership, which has emphasized crypto policy and positioned the US as a global hub in this space.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.