CFTC Launches Innovation Task Force for Crypto, AI, and Prediction Markets — Signals Shift from Enforcement-by-Surprise
CFTC Chair Michael Selig announced the formation of an Innovation Task Force at the Digital Asset Summit on March 24, led by Michael J. Passalacqua, to develop clearer regulatory frameworks for crypto assets, AI, and prediction markets within U.S. derivatives markets. The initiative coordinates with the SEC and its Crypto Task Force, signaling a strategic shift from enforcement-by-surprise toward structured, transparent guidance for digital asset market participants.