Acting CFTC chair seeks CEOs for 'innovation council,' citing crypto
26.11.2025
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Caroline Pham, acting chair of the US Commodity Futures Trading Commission, called for nominations of CEOs to fill seats on a council to discuss policies, including those related to digital assets.
CFTC's CEO Innovation Council: Crypto Gets a Seat at the Table
Caroline Pham, acting chair of the US Commodity Futures Trading Commission, just dropped the mic: she's calling for CEO nominations to fill seats on a new 'CEO Innovation Council' that'll shape policy on crypto, prediction markets, and other emerging products. This isn't just talk—it's happening NOW.
In a Tuesday notice, Pham said the CFTC is accepting submissions until Dec. 8. She referenced the regulator's previous crypto efforts, including the 'Crypto Sprint' initiative, a crypto industry forum, and Congress' progress with a market structure bill. On X, she straight-up said the council will focus on the CFTC's 'expanded mission over crypto and prediction markets.'
"The CFTC stands ready to carry out our mission over expanded markets and products, including crypto and digital assets, and ensure our markets remain vibrant and resilient while protecting all participants. In order to hit the ground running, it is critical that the CFTC drives public engagement with the support of expert industry leaders and visionaries who are building the future."
Timeline alert: It's unclear when the CFTC will officially form the council, but it could happen AFTER Pham leaves the commission. Why? Because she could soon be replaced by SEC official Michael Selig, whose nomination as a Senate-confirmed chair is expected to head for a floor vote soon. Most lawmakers are out until after Thanksgiving, so watch this space.
Selig's Crypto Priorities: The 'Cop on the Beat' is Coming
Even though the Senate hasn't voted on Selig's nomination yet, his testimony before the Agriculture Committee last week gave us a sneak peek at how he'd handle digital asset regulation if confirmed.
Selig said it was 'vitally important' to have a 'cop on the beat' for regulating spot digital asset commodity markets. He also emphasized the value of 'a diversity of viewpoints,' pointing out the CFTC's leadership void—Pham has been the sole commissioner for months, and the White House hadn't announced any additional nominations from President Donald Trump as of Tuesday.
#CFTC#legislation#prediction markets#regulation#digital assets
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