The task force will work with industry participants to develop regulatory approaches for crypto, AI and prediction markets.
The US Commodity Futures Trading Commission (CFTC) has launched an Innovation Task Force to help develop regulatory frameworks for crypto, AI and prediction markets.
Chair Michael Selig said that the task force will work with the regulator’s Innovation Advisory Committee to create a framework focused on crypto, blockchain, AI, and prediction markets.
The effort will be led by Michael Passalacqua, who joined the CFTC as a senior adviser in January after working on crypto and blockchain issues at international law firm Simpson Thacher & Bartlett.
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