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CFTC Acting Chair forming innovation council for crypto regulations
11/25/2025, 18:05
AI SUMMARY
●• Acting CFTC Chair Caroline Pham is creating a new innovation council
●• The council will advise on prediction markets and crypto regulations
●• The aim is to prepare for the upcoming Senate session in January
Acting CFTC Chair Caroline Pham is actively recruiting CEOs to join a new innovation council. This body is intended to advise on shaping regulations specifically for prediction markets and the cryptocurrency industry.
According to Eleanor Terrett, the goal is for the agency to "hit the ground running" in January when the Senate session tentatively begins. This move suggests a proactive approach to establishing regulatory clarity early in the new year.
The formation of such a council indicates a potential shift towards more collaborative rulemaking involving industry leaders.