In brief
- The CFTC added senior executives from crypto, finance, and trading firms to its Innovation Advisory Committee.
- While the delineation over who regulates spot and derivatives markets in crypto has largely been settled, lawmakers remain divided over the CLARITY Act’s treatment of stablecoins.
- Coinbase CEO Brian Armstrong has joined the panel, weeks after withdrawing support for the Senate bill due to concerns over regulatory balance.
The Commodity Futures Trading Commission on Thursday named dozens of senior crypto executives to its Innovation Advisory Committee, pulling much of the digital-asset industry into its advisory orbit as Congress continues to grapple with unresolved questions in U.S. crypto regulation.
The committee…
