The US Commodity Futures Trading Commission announces the first members of its innovation task force to promote clarity in cryptocurrency regulation.

Odaily reported that Mike Selig, Chairman of the US Commodity Futures Trading Commission (CFTC), has announced the first members of a newly established Innovation Working Group, aimed at providing clear industry rules for innovators in the United States. The group is led by Mike Selig’s senior advisor Michael Passalacqua, and the initial five members include former Latham & Watkins crypto lawyer Hank Balaban, former Patomak crypto and prediction market advisor Sam Canavos, veteran CFTC legal expert Mark Fajfar, former Sidley blockchain lawyer Eugene Gonzalez IV, and CFTC Market Participants Division special advisor Dina Moussa. In addition, Mike Selig has released an Innovation Tracker focusing on the agency's efforts to advance regulatory clarity, market integrity, and technological advancement. The main focus areas include cryptocurrency and blockchain, AI and autonomous systems, and contracts and prediction markets.