TechFlow news, November 26 — According to TheBlock, Caroline Pham, acting chair of the U.S. Commodity Futures Trading Commission (CFTC), is seeking CEOs to join a newly formed CEO Innovation Council to strengthen the agency's efforts in expanding digital asset regulation.
Pham announced on Tuesday that nominations are now being solicited, with submissions due by December 8. As bills in the House and Senate aim to grant the CFTC broader regulatory authority over digital assets, the agency is poised to play a larger role in cryptocurrency oversight.
In the meantime, the CFTC has launched its "crypto sprint" initiative, focusing on clarifying crypto rules and turning attention toward upcoming spot trading products, including leveraged offerings.
"To get off to a fast start, it’s critical that the CFTC engage the public with support from industry leaders and visionaries building the future," Pham said in a statement. "That’s why I’m calling on CEOs today to join us in shaping responsible regulation."
