On Tuesday, Acting Chair Caroline Pham of the US Commodity Futures Trading Commission (CFTC) announced a significant initiative aimed at enhancing guidance on crypto regulation. This initiative involves seeking nominations for the newly formed CFTC CEO Innovation Council, with a submission deadline set for December 8.

During her prepared remarks , Pham emphasized that the council would help the agency effectively prepare for impending regulations as the Senate gears up to consider a new crypto market structure bill.

Key Priorities For CFTC’s Crypto Regulation Efforts

Under Pham’s guidance, the CFTC has made substantial strides in innovation and market structure. This includes initiatives such as the Crypto CEO Forum, the exploration of prediction markets , perpetual contract

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