Caroline Pham of the US Commodity Futures Trading Commission is seeking CEOs to join a council to discuss policies, including digital assets. Nominations are open until Dec. 8, with a focus on the CFTC’s expanded mission over crypto and prediction markets. The council aims to engage with industry leaders to shape the future of markets.

The formation of the council might occur after Pham’s departure from the commission, potentially replaced by SEC official Michael Selig. Selig’s nomination is expected to go for a Senate vote soon, as lawmakers are set to return to Washington after Thanksgiving. Selig’s priorities include regulating spot digital asset commodity markets and fostering diverse viewpoints at the CFTC.

SEC official Michael Selig highlights the importance of regulating digital asset commodity markets and promoting diverse viewpoints at the CFTC. With a lack of leadership at the commission, Selig’s nomination could bring significant changes to how digital assets are regulated. Stay tuned for updates on Selig’s confirmation and the future of digital asset policy.

Read more at Cointelegraph: Acting CFTC Chair Seeks CEOs for ‘Innovation Council,’ Citing Crypto