CFTC Expands Advisory Team With Top Coinbase, Ripple Figures

bitcoinistОпубліковано о 2026-02-13Востаннє оновлено о 2026-02-13

Анотація

The U.S. Commodity Futures Trading Commission (CFTC) has formed a 35-member Innovation Advisory Committee, including prominent crypto industry leaders such as Coinbase CEO Brian Armstrong and Ripple CEO Brad Garlinghouse. The committee aims to provide the CFTC with up-to-date industry perspectives on derivatives, market structure, and token classification. CFTC Chair Mike Selig stated that the group will help align the agency’s decisions with real market conditions and support the development of clear regulatory guidelines. The committee comprises a diverse mix of crypto executives, DeFi founders, and traditional finance representatives. While the move is seen as a way to improve policy feedback and create workable regulations, some observers caution about potential conflicts of interest. The committee will soon begin meetings focusing on custody, tokenization, derivatives oversight, and market data.

The Commodity Futures Trading Commission (CFTC) moved this week to build a new bridge with the crypto industry, naming a 35-member Innovation Advisory Committee that includes top exchange and blockchain leaders.

Reports say the roster gives industry executives a formal line into policy talks, and it lists a mix of crypto founders, exchange bosses and traditional market players.

CFTC Execs Granted A Seat At The Table

Among those tapped are Coinbase chief executive Brian Armstrong and Ripple chief executive Brad Garlinghouse, whose firms have been central to recent debates over how digital assets should be regulated in the US.

The committee’s purpose is to give the regulator up-to-date industry perspective as it considers rules for derivatives, market structure, token classification and other technical issues.

CFTC Chair Mike Selig said Thursday that the committee’s 35 members will help “align the CFTC’s decisions with real market conditions” and allow the commission to “establish clear guidelines for what he called the Golden Age of American Financial Markets.”

What The Roster Looks Like

The membership list reads like a cross-section of the market: centralized exchanges, DeFi founders, trading-venue operators and a handful of established financial firms.

Some reporting highlights that around 20 members have direct ties to crypto firms, while others represent legacy market infrastructure, which creates a mix of viewpoints the commission can tap when drafting guidance or vetting ideas.

Why Industry Leaders Joined

Reports note executives accepted the roles for different reasons. For some, it is an opportunity to press for clearer rules. For others, it may be a way to protect business models as regulators decide which activities fall under commodity rules and which fall under securities laws.

The move follows a period of public lobbying and high-profile disputes over jurisdiction that have left firms searching for predictability.

BTCUSD trading at $66,906 on the 24-hour chart: TradingView

Voices And Risks

Giving industry a formal advisory channel can shorten feedback loops. But it also raises questions about how the regulator will manage conflicts and preserve impartiality.

Some observers say close engagement may help craft workable policy that recognizes market realities.

Others warn that heavy industry presence could shape rules in ways that favor incumbents over smaller innovators or the public interest.

Reports say the commission will have to balance open input with careful governance.

What Comes Next

The committee will begin meeting in the coming weeks, and the public will be watching for the topics it raises and the recommendations it produces.

Meetings are likely to focus on custody rules, how tokenized assets are classified, oversight of derivatives, and the handling of market data.

Whether those talks lead to concrete rule proposals will show if this new advisory setup truly shifts how digital asset policy is shaped in the US.

Featured image from V-graphix | Istock | Getty Images, chart from TradingView

Пов'язані питання

QWhat is the purpose of the CFTC's newly formed Innovation Advisory Committee?

AThe committee's purpose is to give the CFTC up-to-date industry perspective as it considers rules for derivatives, market structure, token classification, and other technical issues, helping to align the regulator's decisions with real market conditions.

QWhich two prominent crypto industry CEOs were named to the committee?

ACoinbase chief executive Brian Armstrong and Ripple chief executive Brad Garlinghouse were named to the committee.

QAccording to the article, what are some of the potential risks of giving the industry a formal advisory role?

AThe risks include potential conflicts of interest and questions about how the regulator will preserve impartiality, with concerns that heavy industry presence could shape rules in ways that favor incumbents over smaller innovators or the public interest.

QWhat are some of the topics the new committee is likely to focus on in its meetings?

AMeetings are likely to focus on custody rules, how tokenized assets are classified, oversight of derivatives, and the handling of market data.

QHow many members are on the new advisory committee, and what is the composition of its membership?

AThe committee has 35 members, which includes a mix of crypto founders, exchange bosses, and traditional market players. Reports highlight that around 20 members have direct ties to crypto firms, while others represent legacy market infrastructure.

Пов'язані матеріали

The Compounding Crisis in an Era of High Valuations: Is the US Stock Market Facing a New 'Lost Decade'?

This article analyzes the long-term structural risks in US equity markets, challenging the assumption that "time in the market" always ensures positive returns. Drawing on 155 years of historical data, it identifies three prolonged periods—1929-1954, 1966-1982, and 2000-2013—where real buy-and-hold returns were near zero or negative. Collectively, these "lost decades" represent roughly 35% of market history since 1871 and cause not just delayed wealth accumulation but permanent damage to compound growth paths due to the mathematics of recovering from significant drawdowns. Crucially, the authors argue that current conditions mirror historical precursors to such phases. Multiple valuation indicators, including the CAPE ratio (near its 99th percentile), the Buffett Indicator, and Tobin's Q, signal extreme overvaluation, historically associated with lower future 10-year real returns (averaging 3.6%). The paper debunks the common objection to tactical management—fear of missing the "best days" in the market—by showing that the vast majority of these top-performing days occur during bear markets and crises, often adjacent to the worst days. Therefore, avoiding major drawdowns inherently means missing these volatile surges. A key framework proposed involves monitoring market breadth (advance/decline data), which tends to deteriorate before major indices peak, providing an early warning signal. Combined with high valuations, breadth analysis offers a more robust risk-assessment tool. The conclusion for investors and advisors is not a forecast of an inevitable downturn, but a call to move from complacency to preparedness. The empirical evidence suggests that the conditions preceding lost decades are identifiable. A disciplined, adaptive strategy focused on valuation and breadth signals, rather than precise timing, can help protect long-term compounding from permanent impairment.

marsbit2 хв тому

The Compounding Crisis in an Era of High Valuations: Is the US Stock Market Facing a New 'Lost Decade'?

marsbit2 хв тому

Farewell to Traditional Bull and Bear Markets, Deciphering the Logic of Today's Bubble Rotation

"Farewell to Traditional Bulls and Bears: Understanding Today's Market Logic of Bubble Rotation" The article draws a parallel between modern financial markets and a meteorological chain of thunderstorms, contrasting it with the past's slower-moving, more predictable 'layered cloud' systems of long bull/bear cycles and gradual sector rotations. The author argues that today's market has undergone a permanent structural shift, creating an environment where discrete, intense thematic bubbles (e.g., AI, GLP-1 drugs, crypto, robotics, quantum tech) sequentially form, swell, and burst. These 'storm cells' are triggered when capital fleeing a dying bubble acts like a meteorological 'cold air wedge,' forcing the warm, moist capital of latent interest in a new sector to rapidly rise and condense into the next speculative frenzy. This new 'convective' market regime is driven by eight fundamental changes: 1. Democratization of speculation via zero-commission trading, gamified apps, and heavy retail participation in instruments like 0DTE options. 2. Permanent, price-insensitive buying pressure from defined-contribution retirement plans (e.g., 401(k)s). 3. Passive investing creating inelastic market participants that amplify momentum, especially into mega-cap stocks. 4. The dominance of multi-strategy funds and high-frequency trading (HFT), weakening price discovery and creating fragile microstructure prone to synchronized sell-offs. 5. Artificially suppressed volatility that eventually erupts in violent spikes. 6. A transformed market index heavily weighted toward long-duration, narrative-driven tech companies instead of stable, cyclical industrials. 7. The total elimination of information delay, accelerating fear-of-missing-out (FOMO) and herd behavior. 8. A persistently loose fiscal and monetary policy environment. These structural shifts are deemed irreversible. The article outlines the common lifecycle of these thematic bubbles: latency, catalyzing event, narrative formation, peak divergence, and rupture—with outflowing capital seeding the next bubble. In this environment, two investor archetypes can thrive: deep domain experts who understand underlying technologies and business models, and disciplined trend-followers. The author concludes that while emotionally challenging, recognizing this new "climate" is crucial. The key is to elevate one's perspective above the immediate storm to see the cyclical chain of bubbles, avoiding being swept away by the emotions of any single thematic frenzy.

Foresight News22 хв тому

Farewell to Traditional Bull and Bear Markets, Deciphering the Logic of Today's Bubble Rotation

Foresight News22 хв тому

Michael Saylor's Latest Article: Bitcoin Must Find Balance Between Uniqueness and Universal Value

Michael Saylor outlines four key Bitcoin ideologies shaping its future: * **Bitcoin Maximalists** see Bitcoin as the dominant digital monetary network and a breakthrough in economic empowerment, emphasizing its superior property rights and role as a sound money solution. * **Bitcoin Capitalists** focus on integration, believing Bitcoin must embed into the global economy—through institutions, capital markets, and financial products—to reach its full potential as digital capital. * **Bitcoin Technologists** advocate for continuous protocol improvements in scalability, privacy, and security to adapt to evolving needs and threats, while acknowledging the high bar for change. * **Bitcoin Fundamentalists** guard Bitcoin's core principles of self-custody, decentralization, and censorship resistance, warning against dilution from institutions or risky modifications. Saylor argues that a healthy Bitcoin ecosystem requires a balance of these perspectives. Bitcoin's path forward involves disciplined expansion: preserving its immutable core (Fundamentalist insight), recognizing its dominant status (Maximalist view), integrating with the global economy (Capitalist drive), and enabling careful innovation, primarily in higher layers (Technologist role). The challenge is to maintain Bitcoin's unique properties while making it useful for the world, ensuring it remains Bitcoin as it grows.

Foresight News54 хв тому

Michael Saylor's Latest Article: Bitcoin Must Find Balance Between Uniqueness and Universal Value

Foresight News54 хв тому

Торгівля

Спот
Ф'ючерси
活动图片