The U.S. Commodity Futures Trading Commission said its first Innovation Advisory Committee meeting will be held on Aug. 20, with discussions centered on crypto asset regulation, artificial intelligence and prediction markets. CFTC Chair Selig announced the meeting on Aug. 13 and said the session will examine how emerging technologies and financial products are shaping markets, framing it within the long-standing U.S. role as a global center for financial innovation.
The agenda lines up with the priorities Selig has emphasized since taking office. The CFTC recently used emergency authority to support prediction market platform Kalshi in its jurisdictional dispute with New York state. Selig has also written publicly about Bitcoin perpetual futures and argued that the United States should lead in financial innovation.
The meeting will be held in person in Washington and streamed online through CFTC.gov. The agency said it will also offer regional and international dial-in numbers. Members of the public can submit written comments through Regulations.gov until Aug. 27, and those submissions will be made public. The CFTC added that the agenda may still be adjusted based on the committee’s priorities.
The U.S. Commodity Futures Trading Commission (CFTC) will hold its first Innovation Advisory Committee meeting on Aug. 20, putting crypto asset regulation, artificial intelligence and prediction markets on the agenda. CFTC Chair Selig announced the meeting on Aug. 13.
Three topics tied to Selig’s policy focus
The three subjects closely match the priorities Selig has stressed since taking office. In a statement, he said the United States has long been a global center for financial innovation and that the meeting will examine how emerging technologies and financial products shape markets.
Recent CFTC actions fit that approach. The agency recently used emergency authority to back prediction market platform Kalshi in its dispute over jurisdiction with New York state. Selig has also written in the media about Bitcoin perpetual futures and said the U.S. should lead in financial innovation. Putting crypto, AI and prediction markets together on the first Innovation Advisory Committee agenda gives that direction another public signal.
Washington meeting, public comments open until Aug. 27
The meeting will be held in person in Washington and streamed online through CFTC.gov. The CFTC said it will also provide regional and international dial-in numbers.
Members of the public can submit written comments through Regulations.gov until Aug. 27, and all comments will be made public. The agency also said the agenda may change depending on the committee’s priorities.
Attention now shifts to the Aug. 20 discussion
The main policy signal will depend on what the committee actually discusses on Aug. 20 and whether any of those discussions later turn into formal rules.
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