CFTC to Hold Crypto Regulation Meeting Amid CLARITY Act Delay

The United States Commodity Futures Trading Commission (CFTC) has planned a meeting of its Innovation Advisory Committee to discuss crypto, AI, and prediction market regulations.

The Innovation Advisory Committee will advise the CFTC on policy issues, including crypto regulation following yet another delay in passing the CLARITY Act.

Innovation Advisory Committee Meeting

The CFTC issued a notice on Thursday stating it would hold a meeting of its Innovation Advisory Committee on August 20 to discuss crypto, AI, and prediction market regulations. The notice listed several crypto-specific topics for discussion, including “areas where regulatory action can complement future Congressional legislation,” likely referring to the CLARITY Act and the Senate’s failure to advance it before the August recess. CFTC Chair Michael Selig released the agenda for the August 20 meeting, adding that he was keen to meet entrepreneurs, thinkers, and builders, and discuss how emerging technologies and financial products are shaping the market.

“America has long been the global hub of financial innovation. I look forward to meeting with the entrepreneurs, thinkers, and builders of the CFTC’s Innovation Advisory Committee to discuss ways emerging technologies and financial products are shaping our markets as we embark upon the new frontier of finance.”