CFTC Innovation Council adds prediction market, exchange CEOs

cointelegraphPublished on 2025-12-11Last updated on 2025-12-11

Abstract

The US Commodity Futures Trading Commission (CFTC) has formed a new CEO Innovation Council, bringing together executives from both the blockchain industry and traditional finance. The council will focus on market structure developments in derivatives markets, with discussions covering tokenization, crypto assets, 24/7 trading, perpetual contracts, prediction markets, and blockchain infrastructure. Participants include CEOs from crypto exchanges and prediction markets such as Polymarket, Kraken, and Gemini, as well as leaders from traditional exchanges like CME Group and Nasdaq. This initiative follows recent CFTC efforts, including a pilot program allowing the use of Bitcoin, Ether, and USDC as margin collateral. Acting Chairman Caroline Pham emphasized the agency’s commitment to engaging with the crypto market and establishing clear regulatory guidelines.

The US Commodity Futures Trading Commission has added a host of blockchain industry executives alongside counterparts from traditional finance as part of the agency’s new CEO Innovation Council.

According to an announcement on Wednesday, the CEO Innovation Council will discuss market structure developments relating to the derivatives markets overseen by the CFTC.

The discussion topics will primarily be about “tokenization, crypto assets, 24/7 trading, perpetual contracts, prediction markets and blockchain market infrastructure.”

The list of participants includes the bosses of crypto exchanges and prediction markets such as Polymarket, Kalshi, Kraken, Gemini, Bitnomial, Crypto.com and Bullish.

Alongside the crypto CEOs, the counterparts from traditional finance come from major exchanges such as CME Group, Cboe Global Markets, Nasdaq, Intercontinental Exchange and the London Stock Exchange Group.

Related: Crypto among sectors ‘debanked’ by 9 major banks: US regulator

“We are building on the success of the CFTC Crypto CEO Forum and the SEC-CFTC Joint Roundtable with our CFTC CEO Innovation Council, specifically focused on market structure developments in derivatives markets,” said acting CFTC Chairman Caroline Pham.

Source: CFTC

CFTC working to improve derivative market infrastructure and regulation

The latest move by the CFTC comes just a few days after acting chairman Pham announced a crypto collateral derivatives market pilot program.

The pilot will enable CFTC-registered futures commission merchants to accept Bitcoin (BTC), Ether (ETH) and Circle’s stablecoin USDC for margin collateral, as the CFTC tests out the integration of crypto in regulated markets.

Pham’s leadership has so far indicated that the CFTC is open to actively engaging with the crypto market and establishing clear guidelines for the sector, something that has previously been seen as more challenging for the US Securities and Exchange Commission.

Earlier this year, the CFTC also unveiled the Crypto CEO Forum, consisting of CEOs from major firms such as Coinbase, Circle and Ripple, with Pham vowing to “deliver on the Trump Administration’s promise of ensuring that America leads the way on economic opportunity.”

Magazine: The one thing these 6 global crypto hubs all have in common...

Trending Cryptos

ctr
CitreaCTR
wstusdt
wrapped stUSDTWSTUSDT
apr
CapricornAPR
ctx
Cryptex FinanceCTX
audio
AudiusAUDIO
comp
CompoundCOMP
mantra
MantraMANTRA
waxl
AxelarWAXL
bill
Billions NetworkBILL
pyth
PYTH (Pyth)PYTH
rune
THORChainRUNE
brev
BrevisBREV
cake
PancakeSwapCAKE
dos
DAPPOSDOS
jst
JUSTJST

Related Reads

Interview with Robinhood CEO: Memecoin Boom was Unplanned, My Portfolio is Quite Diversified

In an interview with The Iced Coffee Hour podcast, Robinhood CEO Vlad Tenev discussed the company's initiatives, market views, and personal insights. He highlighted the unexpected success of meme coins on the newly launched Robinhood Chain, which he described as a key part of the financial future. The chain supports tokenized stocks tradable globally and enables innovative DeFi activities not initially anticipated by the team. Regarding market concerns, Tenev noted signs of potential bubbles, specifically in AI and semiconductor stocks, but expressed confidence in Robinhood's younger user base, who often view market downturns as opportunities. He identified optimizing the unified user experience across Robinhood's expanding product lines as the company's current major challenge. Addressing criticism over the prediction markets feature, which some equate to gambling, Tenev emphasized the company's focus on personalization, allowing users to hide the feature or access it more easily. On a personal note, Tenev shared that he enjoys cryptocurrency trading and holds a diversified portfolio. He is optimistic about Bitcoin's long-term prospects due to its unique status as the first crypto asset. Outside work, he focuses on teaching his children math and has adopted wellness routines like sauna, cold baths, and a pre-sleep journaling habit to curb screen time.

marsbit14m ago

Interview with Robinhood CEO: Memecoin Boom was Unplanned, My Portfolio is Quite Diversified

marsbit14m ago

Illegal Mining in Russia: Why Home Farms Are Easy to Detect

Illegal cryptocurrency mining in Russia is becoming increasingly risky, especially in regions where such activity is banned. Energy supply companies detect atypical, sustained electricity consumption in residential areas, triggering checks. They monitor anomalous usage, report data to tax authorities, and forward information to prosecutors. Home mining farms give themselves away through a characteristic load pattern: an apartment consumes electricity evenly and almost around-the-clock, making such deviations obvious in statistics. Mining remains legal only where not prohibited and when electricity is consumed under a proper contract, metered, and paid for. Income from mining is subject to taxation. To operate legally, registration or notification is required as per regulations. Current consequences for illegal mining involve applying existing rules: penalties for illegal grid connections, unmetered consumption, causing damage to energy companies, and tax evasion. Equipment may be confiscated. While specific administrative and criminal liability for mining itself is still being finalized, offenders face fines, damage claims, and potential criminal charges. Key illegal schemes include mining in prohibited regions, using illegal grid connections or unmetered power, and not paying taxes on mining income. The main damages involve losses for energy companies, grid overload, and unpaid taxes. As of now, bans on crypto mining are in effect in Moscow, the Moscow region, parts of the Kursk region, and several other territories (including parts of the North Caucasus, certain Ukrainian territories under Russian control, and areas in Southern Siberia and the Far East) until at least March 15, 2031, primarily to mitigate electricity deficit risks. The primary reason home mining is easily detectable is its non-typical power consumption pattern: equipment runs almost constantly, creating a stable load that significantly differs from normal household usage, making concealment difficult.

cryptonews.ru16m ago

Illegal Mining in Russia: Why Home Farms Are Easy to Detect

cryptonews.ru16m ago

Moscow Institute of Physics and Technology (MIPT): Testing Cryptocurrency Trading Strategies under Real Market Conditions

Moscow Institute of Physics and Technology (MIPT) has introduced a system for backtesting cryptocurrency trading strategies under realistic market conditions rather than relying on idealized historical price data. The system simulates real-world trading factors like fees, slippage, liquidity, and perpetual contract funding costs—factors that can cause a paper-profitable strategy to perform poorly in live trading. The system rigorously evaluates strategies by processing market data step-by-step, using only information available at each decision point and incorporating real trading costs. MIPT researchers tested 132 variants of momentum-based strategies. The key finding was not maximum profitability, but the strategies' ability to limit losses during market crashes, with maximum drawdowns reduced from 67% to 29% in realistic tests. The research concluded that forming a portfolio of multiple strategy variants yields more stable returns than relying on a single, historically best-performing variant. This realistic testing framework is seen as a potential foundation for developing and assessing new cryptocurrency investment products, especially as Russia establishes its regulatory framework for digital financial assets. Future work will test other strategy classes and expand to different types of crypto assets.

cryptonews.ru16m ago

Moscow Institute of Physics and Technology (MIPT): Testing Cryptocurrency Trading Strategies under Real Market Conditions

cryptonews.ru16m ago

Robinhood CEO Interview: Meme Coin Boom Was Unexpected, My Investment Portfolio Is Quite Diverse

Interview with Robinhood CEO Vlad Tenev on The Iced Coffee Hour podcast. Tenev discussed Robinhood Chain, calling it the future of finance. He highlighted its recent launch, rapid growth in TVL, and support for tokenized stocks tradable globally. He noted the unexpected popularity of meme coins on the chain and unique product combinations created by developers. Tenev addressed concerns about AI and stock market bubbles, stating his young user base often views market dips as opportunities. He acknowledged the complexity of balancing investments in chips and energy sectors. He identified optimizing the unified user experience across Robinhood's expanding product lines as the company's biggest current challenge. Responding to criticism, Tenev explained Robinhood's focus on three areas: improving core infrastructure, adding standard financial products it currently lacks, and pioneering innovations like prediction markets and AI-agent trading. He emphasized user personalization, allowing features like prediction markets to be hidden. On personal investment, Tenev stated his portfolio is diversified and he enjoys cryptocurrency trading. He expressed long-term optimism about Bitcoin's unique first-mover status and brand strength, while avoiding specific price predictions. In his personal life, Tenev focuses on teaching his children math, maintaining his health through sauna and cold therapy routines, and building better sleep habits by journaling and reading physical books before bed.

Odaily星球日报22m ago

Robinhood CEO Interview: Meme Coin Boom Was Unexpected, My Investment Portfolio Is Quite Diverse

Odaily星球日报22m ago

Ledger has patched a vulnerability in the Ethereum app

Ledger has patched a bug in the Ethereum application related to certain clear signing transaction flows. The vulnerability, discovered by Ledger's internal Donjon team using AI-powered tools, involved the processing of APDU commands. In a worst-case scenario, a malicious smart contract could have manipulated transaction data during the signing process, potentially tricking a user into approving unlimited access for an attacker's address. The fix has been deployed in version 1.22.2, and users with up-to-date firmware and apps are fully protected. Ledger's CTO Charles Guillemet criticized the public disclosure of the issue by an external security firm, stating it occurred after the patch was released and without prior discussion, constituting a breach of responsible disclosure principles. Separately, the article notes that Trezor recently reported a data leak of 13,689 users due to a hack at its logistics partner.

cryptonews.ru26m ago

Ledger has patched a vulnerability in the Ethereum app

cryptonews.ru26m ago

Trading

Spot

Hot Articles

What is SKDD

Designed to provide -2x inverse leveraged returns of SK Hynix stock's daily price movements, this is a single-day short leveraged ETF under GraniteShares. It is suitable for investors with a short-term bearish outlook on SK Hynix for tactical allocation.

585 Total ViewsPublished 2026.08.19Updated 2026.08.19

What is SKDD

How to Buy SKDD

Welcome to HTX.com! We've made purchasing GraniteShares 2x Short SK Hynix Daily ETF (SKDD) simple and convenient. Follow our step-by-step guide to embark on your crypto journey.Step 1: Create Your HTX AccountUse your email or phone number to sign up for a free account on HTX. Experience a hassle-free registration journey and unlock all features.Get My AccountStep 2: Go to Buy Crypto and Choose Your Payment MethodCredit/Debit Card: Use your Visa or Mastercard to buy GraniteShares 2x Short SK Hynix Daily ETF (SKDD) instantly.Balance: Use funds from your HTX account balance to trade seamlessly.Third Parties: We've added popular payment methods such as Google Pay and Apple Pay to enhance convenience.P2P: Trade directly with other users on HTX.Over-the-Counter (OTC): We offer tailor-made services and competitive exchange rates for traders.Step 3: Store Your GraniteShares 2x Short SK Hynix Daily ETF (SKDD)After purchasing your GraniteShares 2x Short SK Hynix Daily ETF (SKDD), store it in your HTX account. Alternatively, you can send it elsewhere via blockchain transfer or use it to trade other cryptocurrencies.Step 4: Trade GraniteShares 2x Short SK Hynix Daily ETF (SKDD)Easily trade GraniteShares 2x Short SK Hynix Daily ETF (SKDD) on HTX's spot market. Simply access your account, select your trading pair, execute your trades, and monitor in real-time. We offer a user-friendly experience for both beginners and seasoned traders.

511 Total ViewsPublished 2026.08.19Updated 2026.08.19

How to Buy SKDD

Discussions

Welcome to the HTX Community. Here, you can stay informed about the latest platform developments and gain access to professional market insights. Users' opinions on the price of A (A) are presented below.

活动图片

Top Questions

Hot Categoriesright-arrow

Hot Tagsright-arrow