CFTC Launches CEO Innovation Council, Nominations Open Until Dec. 8
The U.S. Commodity Futures Trading Commission (CFTC) has announced plans to launch a new advisory group, the CEO Innovation...
Quick overview
- The CFTC is launching the CEO Innovation Council to monitor cryptocurrencies and prediction markets, inviting applications from senior executives until December 8th.
- The council aims to provide strategic guidance on digital assets and improve public engagement by leveraging industry expertise.
- The launch coincides with potential leadership changes at the CFTC, as President Trump has nominated Michael Selig for chair, emphasizing the need for robust regulatory oversight.
- The council will serve as a bridge between regulators and innovators, focusing on identifying risks, promoting innovative practices, and ensuring the safety of derivatives markets.
The U.S. Commodity Futures Trading Commission (CFTC) has announced plans to launch a new advisory group, the CEO Innovation Council, tasked with monitoring cryptocurrencies and prediction markets. Acting Chair Caroline Pham has now opened the door to applications, inviting senior execs to get in touch before December 8th.
This new council is all about providing some much-needed strategic guidance on digital assets, the innovations happening on exchanges, and the structure of derivatives markets.
According to the CFTC, the goal is to improve public engagement and tap the expertise of industry leaders to help shape the future of digital finance.
“We’re gearing up to oversee those expanded markets and products out there – crypto and digital assets included,” Pham said. “To get something off the ground quickly, we really need to tap into the expertise of the leaders driving this industry forward.”
🇺🇸 TODAY: Acting CFTC Chair Caroline D. Pham seeks CEO nominations for its Innovation Council to tackle crypto and prediction market regulation. pic.twitter.com/vgFiUBauzz
— Cointelegraph (@Cointelegraph) November 26, 2025
This new advisory body is built on the back of previous efforts from the agency – think the “Crypto Sprint” initiative and public forums on crypto, plus working closely with Congress on digital asset market legislation.
Leadership Shuffle Coming?
The council’s launch coincides with the possibility of some changes within the CFTC leadership. President Donald Trump has put forward a new chair candidate, current SEC official Michael Selig, and a Senate confirmation is expected once the Thanksgiving recess is over, with Pham currently leading the way on her own for now.
Selig recently shared his thoughts with the Senate Agriculture Committee, stressing the need for robust regulatory oversight of spot digital asset commodity markets to safeguard consumer protection and orderly trading. His comments also highlight the ongoing debate between the CFTC and the SEC over who should oversee digital assets.
Some of Selig’s Key Points:
- Strong regulatory presence is a must for consumer protection.
- Oversight is key to ensuring markets remain orderly.
- Stablecoins might be considered a secure way to underpin derivatives.
Selig’s remarks come at a time when Congress is revisiting legislation on stablecoin use in derivatives, something the CFTC has shown interest in this year.
ACTING CFTC CHAIR CAROLINE D. PHAM CALLS FOR CEO NOMINATIONS TO JOIN INNOVATION COUNCIL ON CRYPTO AND PREDICTION MARKET POLICY
Pham is seeking executive-level nominees to help guide the CFTC’s approach to digital assets, decentralized platforms, and event-driven markets.
The… pic.twitter.com/pwvIviSlll
— Crypto Town Hall (@Crypto_TownHall) November 26, 2025
The Council – A Bridge Between Regulators & Innovators
The CEO Innovation Council will act as a conduit between regulators and industry innovators, helping the CFTC navigate new technologies and market structures – all areas that are within the agency’s expanding remit, especially where crypto and prediction markets are concerned.
By getting senior execs on board, the CFTC hopes to:
- Identify the emerging risks in digital asset markets
- Get the word out on innovative exchange practices
- Keep derivatives markets safe and resilient
The birth of this council marks a significant step for the CFTC in its efforts to modernize its approach to digital assets, while maintaining a commitment to market integrity and striking a balance between innovation and investor protection.
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