Gate News message. On April 11, the Chairman of the U.S. Commodity Futures Trading Commission (CFTC), Mike Selig, announced the first batch of members of the newly established Innovation Task Force, aiming to provide clear industry rules for U.S. innovators. The task force is led by Mike Selig’s senior adviser, Michael Passalacqua. The first five members include: former Latham & Watkins crypto attorney Hank Balaban, former Patomak crypto and prediction market adviser Sam Canavos, CFTC legal veteran Mark Fajfar, former Sidley blockchain attorney Eugene Gonzalez IV, and Dina Moussa, special adviser in the Division of Market Participants at the CFTC. In addition, Mike Selig also released an Innovation Tracker, highlighting the agency’s work in advancing regulatory clarity, market integrity, and technological progress. The main focus areas include cryptocurrency and blockchain, AI and autonomous systems, and contracts and prediction markets.
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