US CFTC Forms New Task Force to Advance Crypto and AI Rules
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CFTC forms an Innovation Task Force led by Michael Passalacqua to advance rule clarity for crypto assets, blockchain, AI and prediction markets; first members combine internal regulators and industry experts. - The initiative signals a push to reduce regulatory uncertainty and coordinate oversight amid inter‑agency competition, which could boost crypto adoption, compliance and market confidence.
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- CFTC unveils Innovation Task Force led by Michael Passalacqua to advance crypto rule clarity.
- The task force combines regulators and industry experts in crypto, AI, and markets.
- CFTC targets crypto, AI, and prediction markets under a new innovation agenda.
The U.S. CFTC has introduced the first members of its newly formed Innovation Task Force. The move marks a fresh step toward clearer crypto regulations as competition between agencies over oversight intensifies.
The task force, led by senior advisor Michael Passalacqua, seeks to bridge regulatory expertise with private-sector experience, focusing on crypto assets, blockchain technology, artificial intelligence, and prediction markets.
Task Force Combines Legal and Crypto Expertise
According to the CFTC, the Innovation Task Force brings together a mix of internal officials and industry professionals with ba…
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