The U.S. Commodity Futures Trading Commission (CFTC) recently announced a restructuring plan for the Innovation Advisory Committee. This adjustment can be seen as an important collision between the traditional financial regulatory system and the Web3 industry.
The new committee's composition is quite noteworthy — it includes CEOs from leading crypto trading platforms such as Gemini, Kraken, Bitnomial, and Bullish, as well as traditional derivatives giants like Nasdaq, CME Group, Intercontinental Exchange (ICE), and Cboe Global Markets. This lineup clearly signals that U.S. regulators are re-evaluating the market position of crypto assets and attempting to incorporate digital asset trading into a more systematic framework.
It is worth noting that the new CFTC Chair's move hints at a new direction — moving away from simple opposition and suppression toward seeking dialogue and co-creation. The voices of the crypto industry will have more influence in such a formal committee for the first time, which could be a turning point for the entire industry. The specific work scope of the committee has not been fully disclosed yet, but based on the member composition, discussions on crypto futures, stablecoin regulation, and exchange operation standards are expected to become focal points.
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ChainWallflower
· 01-14 21:13
Finally waiting for this moment, from suppression to dialogue, the change is so quick
It's no longer one-sidedly nailed down; Gemini and others having a say is really satisfying
This time is truly different, it feels like the wind is really changing...
Damn, it's those folks from Nasdaq CME again, we'll have to see how they handle it
Regulating stablecoins is really difficult to say; who knows, there might be a bunch of restrictions again
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GasFeeNightmare
· 01-14 18:47
It's finally not just pure suppression; this time, it's really interesting.
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VitalikFanAccount
· 01-13 00:16
It's finally not just simple and brutal suppression anymore; this game of chess is becoming interesting.
The U.S. Commodity Futures Trading Commission (CFTC) recently announced a restructuring plan for the Innovation Advisory Committee. This adjustment can be seen as an important collision between the traditional financial regulatory system and the Web3 industry.
The new committee's composition is quite noteworthy — it includes CEOs from leading crypto trading platforms such as Gemini, Kraken, Bitnomial, and Bullish, as well as traditional derivatives giants like Nasdaq, CME Group, Intercontinental Exchange (ICE), and Cboe Global Markets. This lineup clearly signals that U.S. regulators are re-evaluating the market position of crypto assets and attempting to incorporate digital asset trading into a more systematic framework.
It is worth noting that the new CFTC Chair's move hints at a new direction — moving away from simple opposition and suppression toward seeking dialogue and co-creation. The voices of the crypto industry will have more influence in such a formal committee for the first time, which could be a turning point for the entire industry. The specific work scope of the committee has not been fully disclosed yet, but based on the member composition, discussions on crypto futures, stablecoin regulation, and exchange operation standards are expected to become focal points.