The US Commodity Futures Trading Commission, set to be a leading regulator of the crypto markets, has appointed some of the crypto sector’s most prominent leaders as members of its newly established Innovation Advisory Committee, including CEOs of Coinbase, Ripple, Robinhood and Uniswap Labs.
The 35-member committee will steer 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 had recycled a previous CEO council that was created 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 great asset to the Commission as we work to modernize our rules and regulations for innovations today and tomorrow,” Selig said in a statement.
While the previous group already included members like 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. In addition, the advisors will include the heads of many of the more traditional companies and organizations, such as the CEOs of Nasdaq, CME Group, Cboe Global Markets, the Futures Industry Association (FIA) and the 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, 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, after formally joining the SEC’s Project Crypto.
The CFTC’s Advisory Committees are listed below (* indicates past council 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, Chairman and CEO, CME Group *
- Tom Farley, CEO, Bullish *
- Adena Friedman, Chairman and CEO, Nasdaq *
- Brad Garlinghouse, CEO, Ripple
- Christian Genetski, President, FanDuel
- Luke Hoersten, CEO, Bitnomial *
- Frank LaSalla, President & CEO, Depository Trust and Clearing Corporation
- Walt Lukken, CEO, FIA
- Tarek Mansour, CEO, Kalshi *
- Kris Marszalek, CEO, Crypto.com *
- Nathan McCauley, CEO, Anchorage Digital
- Peter Mintzberg, CEO, Grayscale
- Sergey 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, Robinhood
- Don Wilson, CEO, DRW
- Tyler Winklevoss, CEO, Gemini *
- Anatoly Yakovenko, CEO, Solana Labs
Read more: CFTC to tap Tyler Winklevoss, other crypto CEOs as first members of innovation panel
