Crypto Exchange Leaders Join CFTC CEO Innovation Council

• The CFTC has named the participants in its CEO Innovation Council.
• The first list includes CEOs from CME Group, Nasdaq, Kraken, Crypto.com and others.

Acting Chairman of the U.S. Commodity Futures Trading Commission (CFTC) Caroline Pham announced the first members of the CEO Innovation Council. Specifically, the membership includes:

• Shayne Coplan — CEO of Polymarket;
• Craig Donohue — CEO of Cboe Global Markets;
• Terry Duffy — Chairman and CEO of CME Group;
• Tom Farley — CEO of Bullish;
• Adena Friedman — Chair and CEO of Nasdaq;
• Luke Hoersten — CEO of Bitnomial;
• Tarek Mansour — CEO of Kalshi;
• Kris Marszalek — CEO of Crypto.com;
• David Schwimmer — CEO of LSEG;
• Arjun Sethi — Co-CEO of Kraken;
• Jeff Sprecher — CEO of Intercontinental Exchange;
• Tyler Winklevoss — CEO of Gemini.

Pham noted that the Commission continues to lead the way in introducing breakthrough initiatives that demonstrate responsible innovation with public and expert input. She noted that based on the success of events such as the CFTC Crypto CEO Forum and the joint SEC-CFTC roundtable, the CEO Innovation Council was created to focus on the development of market structure in the derivatives industry.

In addition, she emphasized that the council focuses on topics such as tokenization, cryptoassets, 24/7 trading, perpetual contracts, prediction markets, and blockchain-based market infrastructure. She thanked the CEOs who agreed to share their insights and experiences with the Commission, noting that this will help to effectively prepare for future challenges and opportunities.

According to the representative of the regulator, additional details about the work of the Board will be made public after the completion of the preparatory phase.

Recall, earlier CFTC launched a pilot program to use cryptocurrencies as collateral in derivatives markets.