The U.S. Commodity Futures Trading Commission, which is set to be a leading regulator of the crypto markets, has named some of the crypto sector’s most prominent executives as members of its newly established Innovation Advisory Committee, including the CEOs of Coinbase, Ripple, Robinhood and Uniswap Labs.
The 35-member committee will steer the U.S. derivatives regulator on the needs of firms at the center of financial innovation, and to fill some of its number, the agency had repurposed a previous CEO council established at the end of last year before the arrival of CFTC Chairman Mike Selig.
“By bringing together participants from every corner of the marketplace, the IAC will be a major asset for the Commission as we work to modernize our rules and regulations for the innovations of today and tomorrow,” Selig said in a statement.
While the earlier group already included members such as Gemini CEO Tyler Winklevoss, Kraken Co-CEO Arjun Sethi and Polymarket CEO Shayne Coplan, the much larger committee adds several more crypto CEOs and the top executives of FanDuel and DraftKings. Additionally, the advisers will include the leaders of many of the more traditional companies and organizations, such as the chief executives of Nasdaq, CME Group, Cboe Global Markets, Futures Industry Association (FIA) and International Swaps and Derivatives Association (ISDA).
Other new names among the 35 are Chris Dixon of a16z Crypto, Anatoly Yakovenko of Solana Labs, Peter Mintzberg of Grayscale, Sergey Nazarov of Chainlink Labs and Alana Palmedo of Paradigm. Tom Farley, the CEO of Bullish, CoinDesk’s parent company, is also a member.
Selig recently announced a crypto agenda his agency is pursuing alongside the Securities and Exchange Commission, having formally joined with the SEC’s Project Crypto.
The CFTC’s advisory committee is listed below (* denotes earlier council membership):
Hayden Adams, CEO, Uniswap LabsBrian Armstrong, CEO, CoinbaseAndrej Bolkovic, CEO, Options Clearing CorporationThomas Chippas, CEO, Rothera MarketsShayne Coplan, CEO, Polymarket *Professor Harry Crane, RepresentativeChris Dixon, General Partner, a16z CryptoCraig Donohue, CEO, Cboe Global Markets *Terry Duffy, Chair & CEO, CME Group *Tom Farley, CEO, Bullish *Adena Friedman, Chair & CEO, Nasdaq *Brad Garlinghouse, CEO, RippleChristian Genetski, President, FanDuelLuke Hoersten, CEO, Bitnomial *Frank LaSalla, President & CEO, Depository Trust and Clearing CorporationWalt Lukken, CEO, FIATarek Mansour, CEO, Kalshi *Kris Marszalek, CEO, Crypto.com *Nathan McCauley, CEO, Anchorage DigitalPeter Mintzberg, CEO, GrayscaleSergey Nazarov, CEO, Chainlink LabsScott D. O’Malia, CEO, ISDAAlana Palmedo, Managing Partner, ParadigmVivek Raman, CEO, EtherealizeProfessor Carla Reyes, RepresentativeJason Robins, CEO, DraftKingsDavid Schwimmer, CEO, LSEG *Arjun Sethi, Co-CEO, Kraken *Peter Smith, CEO, Blockchain.comVance Spencer, Co-founder, Framework VenturesJeff Sprecher, CEO, Intercontinental Exchange *Vlad Tenev, CEO, RobinhoodDon Wilson, CEO, DRWTyler Winklevoss, CEO, Gemini *Anatoly Yakovenko, CEO, Solana Labs
Read More: CFTC to tap Tyler Winklevoss, other crypto CEOs as first members of innovation panel