CFTC Chairman Announces Members of New Innovation Task Force

The U.S. Commodity Futures Trading Commission (CFTC) Chairman Mike Selig has announced the initial members of a newly established innovation task force aimed at providing clear industry guidelines for American innovators. According to Odaily, the task force is led by Mike Selig's senior advisor, Michael Passalacqua, and includes five initial members: former Latham & Watkins crypto attorney Hank Balaban, former Patomak crypto and prediction market advisor Sam Canavos, CFTC legal veteran Mark Fajfar, former Sidley blockchain lawyer Eugene Gonzalez IV, and CFTC Division of Market Participants special advisor Dina Moussa. In addition, Mike Selig introduced an innovation tracker, which highlights the agency's efforts in advancing regulatory clarity, market integrity, and technological progress. The primary focus areas include cryptocurrency and blockchain, AI and autonomous systems, and contracts and prediction markets.