Caroline Pham Calls for CEOs to Join CFTC Innovation Council

• Acting CFTC Chair seeks CEO nominations for Innovation Council
• The council will focus on crypto and prediction markets
• Aims to shape future U.S. regulatory policy

The U.S. Commodity Futures Trading Commission (CFTC) is taking a bold step toward modernizing its approach to emerging digital markets. Acting Chair Caroline D. Pham has announced a call for CEO nominations to join the agency’s newly proposed Innovation Advisory Council. This initiative is aimed at directly addressing regulatory concerns around cryptocurrencies and prediction markets.

Pham’s outreach signals the CFTC’s intent to involve experienced private-sector leaders in shaping the agency’s approach to fast-moving technologies. The council is expected to serve as a bridge between government regulators and industry innovators, offering valuable insights into how existing rules can adapt to the digital age.

Focus on Crypto and Prediction Markets

As the crypto industry evolves and prediction markets gain traction, U.S. regulators are under pressure to provide clearer, more consistent frameworks. The Innovation Council is being designed as a platform to gather real-world expertise from top executives, especially those at the helm of crypto, fintech, and related tech firms.

The council will explore how the CFTC can responsibly oversee these technologies while still promoting innovation. Issues on the agenda may include market integrity, consumer protection, and the integration of decentralized finance (DeFi) tools into traditional regulatory models.

Shaping the Future of U.S. Regulation

The creation of the Innovation Council reflects a growing recognition that government agencies must work hand-in-hand with the private sector to craft effective, forward-looking policy. By seeking the input of CEOs, Chair Pham is positioning the CFTC as a leader in collaborative regulation—a strategy that could influence how other regulators approach crypto oversight.

Industry stakeholders and thought leaders are encouraged to submit nominations. This is an important moment in the ongoing development of U.S. crypto regulation—one that may define how innovation and regulation coexist in the coming years.