CFTC Names Five Senior Advisors for Innovation Task Force

The Commodity Futures Trading Commission (CFTC) is the US federal regulator for derivatives and commodity markets. On 10 April 2026, it named five Senior Advisors to its Innovation Task Force (ITF), a new internal working group. Michael J. Passalacqua leads the team. The five advisors are Balaban, Canavos, Fajfar, Gonzalez IV, and Moussa.

Three areas define the ITF mandateThe ITF covers three regulatory areas. The first is crypto assets and blockchain technologies — digital currencies and the systems that underpin them. The second is artificial intelligence (AI) and autonomous systems. The third is prediction markets and event contracts — financial instruments where participants trade on the outcome of future events. The CFTC announced this three-part mandate when it formed the ITF on 23 March 2026.

Chairman Selig set the regulatory directionChairman Michael S. Selig announced both the ITF formation and its staffing. Selig has led the CFTC since at least January 2026, when the SEC and CFTC jointly scheduled a harmonisation event on US financial leadership in crypto.

"The Innovation Task Force brings together a leading team that exhibits deep expertise and an enthusiastic commitment to deliver clear rules of the road for American innovators", 10 April 2026. — Michael S. Selig, Chairman, Commodity Futures Trading Commission

ITF staffing follows the formation announcementThe CFTC published two separate press releases on the ITF. Release 9201-26 on 23 March 2026 announced the ITF's formation and its mandate. Release 9210-26 on 10 April 2026 named the five-member roster. The ITF covers three regulatory areas. The first is crypto assets and blockchain technologies — digital currencies and the systems that underpin them. The second is artificial intelligence (AI) and autonomous systems. The third is prediction markets and event contracts — financial instruments where participants trade on the outcome of future events. The CFTC announced this three-part mandate when it formed the ITF on 23 March 2026.

ITF staffing follows the formation announcementThe CFTC published two separate press releases on the ITF. Release 9201-26 on 23 March 2026 announced the ITF's formation and its mandate. Release 9210-26 on 10 April 2026 named the five-member roster. ITF staffing follows the formation announcementThe CFTC published two separate press releases on the ITF. Release 9201-26 on 23 March 2026 announced the ITF's formation and its mandate. Release 9210-26 on 10 April 2026 named the five-member roster. The CFTC published two separate press releases on the ITF. Release 9201-26 on 23 March 2026 announced the ITF's formation and its mandate. Release 9210-26 on 10 April 2026 named the five-member roster. Cryptocurrencies are highly volatile and involve significant risk. You may lose part or all of your investment. All information on Coinpaprika is provided for informational purposes only and does not constitute financial or investment advice. Always conduct your own research (DYOR) and consult a qualified financial advisor before making investment decisions. Coinpaprika is not liable for any losses resulting from the use of this information.

CFTC Names Five Senior Advisors for Innovation Task Force

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