The Commodity Futures Trading Commission has announced the formation of an Innovation Task Force [ITF], as U.S. regulators step up efforts to shape a clearer framework for emerging technologies, including crypto assets, artificial intelligence, and prediction markets.

The task force, led by Michael J. Passalacqua, will bring together staff from across the agency alongside external experts to support the development of regulatory approaches for rapidly evolving sectors.

Focus on crypto, AI, and prediction markets

According to the CFTC, the ITF will focus on three core areas: digital assets and blockchain technologies, AI and autonomous systems, and event-based contracts such as prediction markets.

The inclusion of prediction markets…