The U.S. Commodity Futures Trading Commission, expected to become one of the key regulators of crypto markets, has named some of the crypto industry’s most prominent executives as members of its new Innovation Advisory Committee, including the CEOs of Coinbase, Ripple, Robinhood and Uniswap Labs.
The 35-member committee will focus the U.S. derivatives regulator on the needs of companies at the center of financial innovation, and to fill some of its numbers, the agency revamped a previous CEO council established late last year, before the arrival of CFTC Chairman Mike Selig.
“By bringing together participants from all corners of the market, the IAC will be a major asset to 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 previous 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 other crypto CEOs and top executives from FanDuel and DraftKings. Additionally, advisors will include leaders of many of the most traditional companies and organizations, such as the chief executives of Nasdaq, CME Group, Cboe Global Markets, Futures Industry Association (FIA), and the International Swaps and Derivatives Association (ISDA).
Other 35 new names include 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, CEO of Bullish, the parent company of CoinDesk, is also a member.
Selig recently announced a crypto program that his agency is pursuing alongside the Securities and Exchange Commission, having officially joined the SEC’s Crypto Project.
The CFTC Advisory Board is listed below (* indicates prior board membership):
- Hayden Adams, CEO, Uniswap Labs
- Brian Armstrong, CEO, Coinbase
- Andrej Bolkovic, CEO, Options Clearing Corporation
- Thomas Chippas, CEO, Rothera Markets
- Shayne Coplan, CEO, Polymarket *
- Professor Harry Crane, representative
- Chris Dixon, General Partner, a16z Crypto
- Craig Donohue, CEO, Cboe Global Markets*
- Terry Duffy, President and CEO, CME Group *
- Tom Farley, CEO, Bullish*
- Adena Friedman, President and CEO, Nasdaq*
- Brad Garlinghouse, CEO of Ripple
- Christian Genetski, President, FanDuel
- Luke Hoersten, CEO, Bitnomial*
- Frank LaSalla, President and CEO, Depository Trust and Clearing Corporation
- Walt Lukken, CEO of the FIA
- Tarek Mansour, CEO, Kalshi*
- Kris Marszalek, CEO, Crypto.com *
- Nathan McCauley, CEO, Anchorage Digital
- Peter Mintzberg, CEO, Grayscale
- Sergei Nazarov, CEO, Chainlink Labs
- Scott D. O’Malia, CEO, ISDA
- Alana Palmedo, Managing Partner, Paradigm
- Vivek Raman, CEO, Etherealize
- Professor Carla Reyes, Representative
- Jason Robins, CEO, DraftKings
- David Schwimmer, CEO, LSEG *
- Arjun Sethi, Co-CEO, Kraken*
- Peter Smith, CEO, Blockchain.com
- Vance Spencer, co-founder, Framework Ventures
- Jeff Sprecher, CEO, Intercontinental Exchange*
- Vlad Tenev, CEO of Robinhood
- Don Wilson, CEO, DRW
- Tyler Winklevoss, CEO, Gemini*
- Anatoly Yakovenko, CEO, Solana Labs
Read more: CFTC to tap Tyler Winklevoss and other crypto CEOs as first members of innovation panel
