The Commodity Futures Trading Commission's Innovation Advisory Committee will hold its first meeting on Aug. 20 in a three-hour virtual session focused on crypto assets, artificial intelligence and prediction markets. Launched in January 2026 as the successor to the CFTC's Technology Advisory Committee, the panel is sponsored by Chairman Michael S. Selig and is tasked with advising the agency on how technological advances, especially blockchain, affect market integrity and regulatory frameworks across financial, derivatives and commodity markets. Michael Passalacqua serves as the Designated Federal Officer. The committee's February 2026 membership roster includes executives from Coinbase, Ripple and Gemini alongside leaders from derivatives firms and fintech companies. The meeting comes as prediction markets draw sharper regulatory attention because event contracts on platforms such as Kalshi and Polymarket fall within the CFTC's derivatives remit, with the agency's approach likely to influence what products can be offered legally to U.S. customers. A Federal Register notice said the public will be able to observe the proceedings remotely.