The US Commodity Futures Trading Commission chair Mike Selig has announced the formation of the Innovation Advisory Committee to guide the regulation of emerging technologies like blockchain and AI in financial markets. This move aims to develop clear rules for the evolving landscape of American financial markets.

The new committee will advise the CFTC on the practical considerations of emerging products and platforms in financial markets. Blockchain enables faster, cheaper, and more transparent transactions, while AI optimizes trading and risk management. The CFTC is following the SEC’s tech-friendly approach to regulation to attract innovators.

Top industry leaders, including Gemini CEO Tyler Winklevoss and Crypto.com CEO Kris Marszalek, will shape the views of the CFTC through the Innovation Advisory Committee. Nominations for additional membership are open until Jan. 31, 2026. The CFTC will also consider input from regulatory bodies, academia, and public interest groups.

Tech-focused venture capital firm Andreessen Horowitz (a16z) emphasized that crypto innovation is crucial for America’s future success. A16z stressed the importance of alignment between the US government and the private sector to maintain American interests and global dominance in technology. Failure to win technologically could have far-reaching consequences.

Read more at Cointelegraph: CFTC Forms Panel Regulating Blockchain, AI Innovation