Back

US CFTC Forms CEO Innovation Council with Major Crypto and Exchange Leaders

The CFTC (U.S. derivatives regulator) includes Kraken, Gemini, Polymarket, Crypto.com, Bitnomial, Nasdaq, and CME Group to address tokenization, crypto assets, trading models, and blockchain infrastructure.

Summary

The CFTC (U.S. derivatives regulator) has announced the initial members of its CEO Innovation Council, featuring major cryptocurrency platforms such as Kraken, Gemini, Polymarket, Crypto.com, and Bitnomial, alongside leading exchanges Nasdaq and CME Group. The council will focus on discussions around tokenization, crypto assets, continuous 24-hour trading, perpetual contracts, prediction markets, and blockchain infrastructure.

Terms & Concepts
  • CFTC (U.S. derivatives regulator): The Commodity Futures Trading Commission, a federal agency overseeing U.S. futures and derivatives markets, including certain cryptocurrency-related products.
  • Tokenization: The process of converting rights to an asset into a digital token on a blockchain.
  • Perpetual contracts: A type of futures contract in cryptocurrency trading with no expiration date, allowing continuous trading.