CFTC Seeks Nominations for CEO Innovation Council to Shape Crypto Regulations
by Maxwell Mutuma · BlockonomiTLDR
Table of Contents
- TLDR
- CFTC Invites Nominations for CEO Innovation Council
- A New Era of Crypto Regulation
- Leadership Change and CFTC’s Future
- CFTC is forming a new CEO Innovation Council to guide its crypto policy efforts.
- Nominations from crypto leaders are due by December 8, 2025.
- Acting Chairman Caroline Pham emphasizes public engagement in shaping market structures.
- The council will focus on issues like digital asset markets, blockchain tech, and tokenized collateral.
- Pham’s initiatives continue as her term ends, with leadership changes expected soon at the CFTC.
The Commodity Futures Trading Commission (CFTC) is calling for nominations to form a new CEO Innovation Council. The council will focus on shaping the CFTC’s approach to crypto regulations with the deadline for submissions set on December 8.
CFTC Invites Nominations for CEO Innovation Council
CFTC Acting Chairman Caroline Pham is leading the push for the new council. She emphasized the importance of industry leaders helping shape the regulator’s crypto policies. “In order to hit the ground running, it is critical that the CFTC drives public engagement,” Pham said in a statement.
Pham is looking for nominations from leaders in the crypto and digital asset industries. These nominations will help guide the commission’s focus on market structure and crypto policies. Pham has been active in advancing the CFTC’s role in the crypto space, even as her tenure nears an end.
The new CEO Innovation Council will work on advising the CFTC on issues related to digital assets. It will also help explore new market structures and innovations in the crypto industry. The nominations can be submitted through the CFTC’s designated email address.
A New Era of Crypto Regulation
Pham’s initiative is part of a larger effort to modernize the CFTC’s regulatory approach. As the crypto landscape evolves, Pham believes it is crucial for the CFTC to stay ahead of emerging technologies. She highlighted the need for a council that can provide expertise and insight on crypto market trends.
The CFTC is looking for a wide range of nominations. The council will focus on issues like digital asset markets, tokenized collateral, and blockchain technology. Pham has previously mentioned that the CFTC should support the listing of leveraged spot crypto on registered platforms.
Despite her potential departure, Pham’s focus remains on advancing these initiatives. The upcoming leadership change may shift the direction of the CFTC’s crypto strategy. President Trump’s nominee, Mike Selig, is expected to replace Pham soon.
Leadership Change and CFTC’s Future
With Pham’s term ending, the CFTC is preparing for leadership changes. Trump’s nominee for CFTC chairman, Mike Selig, is likely to step into the role. As it was reported by Blockonomi, his nomination was advanced by the Senate Agriculture Committee but still faces a full Senate vote.
As of now, Pham’s efforts to expand the CFTC’s reach in the crypto world are ongoing. The creation of the CEO Innovation Council is expected to play a key role in shaping future regulatory frameworks. Pham is pushing to finalize these efforts before her expected departure. Submissions for the CFTC nominations will be accepted through December 8, 2025. The agency continues to press forward on crypto policy despite the leadership transition.