Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Policy
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Crypto CEOs Join U.S. CFTC's Innova
Policy
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Crypto CEOs Join U.S. CFTC's Innova
Crypto CEOs Join U.S. CFTC's Innovation Council to Steer Market Developments
Crypto CEOs Join U.S. CFTC's Innovation Council to Steer Market Developments
The chief executives of firms such as Gemini and Kraken will pitch in on U.S. policy efforts through the council's future, public discussions.
By Jesse Hamilton|Edited by Nikhilesh De
Updated Dec 10, 2025, 10:27 p.m. Published Dec 10, 2025, 10:22 p.m.
Commodity Futures Trading Commission Acting Chairman Caroline Pham announced crypto CEOs are joining the agency's innovation council. (Jesse Hamilton/CoinDesk)
What to know:
- In her final days atop the agency, Commodity Futures Trading Commission Acting Chairman Caroline Pham announced her CEO Innovation Council, replete with crypto executives.
- The names include the chief executives from Gemini, Kraken, Polymarket, Bitnomial and several others.
- The CFTC is expected to get its permanent chairman very soon when the Senate votes on the confirmation of Mike Selig, President Donald Trump's nominee.
The Commodity Futures Trading Commission has announced the initial names as it stands up its CEO Innovation Council meant to delve into derivatives market-structure developments, especially around tokenization, crypto and blockchain technology.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the State of Crypto Newsletter today. See all newsletters
Sign me up
Prominent crypto-sector CEO names such as Gemini's Tyler Winklevoss, Kraken's Arjun Sethi and Polymarket's Shayne Coplan will join chief executives from such mainstay firms as CME Group, Nasdaq, Intercontinental Exchange and Cboe Group.
"I am grateful to the CEOs who have agreed to share their vision and experience with the commission as we hit the ground running to prepare for the future and beyond," said CFTC Acting Chairman Caroline Pham, in a statement. She said the group — whose names were gathered rapidly in a two-week period — will be "specifically focused on market structure developments in derivatives markets such as tokenization, crypto assets, 24/7 trading, perpetual contracts, prediction markets and blockchain market infrastructure."
The complete list for the incoming council is:
- Shayne Coplan, CEO, Polymarket
- Craig Donohue, CEO, Cboe Global Markets
- Terry Duffy, Chairman and CEO, CME Group
- Tom Farley, CEO, Bullish
- Adena Friedman, Chair and CEO, Nasdaq
- Luke Hoersten, CEO, Bitnomial
- Tarek Mansour, CEO, Kalshi
- Kris Marszalek, CEO, Crypto.com
- David Schwimmer, CEO, LSEG
- Arjun Sethi, Co-CEO, Kraken
- Jeff Sprecher, CEO, Intercontinental Exchange
- Tyler Winklevoss, CEO, Gemini
Bullish is CoinDesk's parent company.
The CEO group's formation is the latest in a rapid-fire series of crypto developments from the CFTC and Pham. The interim chair is moving quickly to finish up the final priorities of her own crypto agenda. This week, the agency announced a pilot program for using crypto collateral in the derivatives market, which followed days after Pham's announcement that Bitnomial (whose CEO is on the council) had kicked off leverage spot crypto trading she'd personally encouraged as acceptable under U.S. derivatives laws.
These are expected to be the final days of her leadership tenure at the agency, with President Donald Trump's chairman nominee, Mike Selig, expected to be confirmed as soon as Wednesday by the Senate. Once he's sworn in, he'll arrive amid the deluge of new crypto policy work orchestrated by Pham.
Though her interim chairmanship has been less than a year, she made crypto policy a central task of the derivatives watchdog, responding to President Donald Trump's directives to push friendly digital asset policy to make the U.S. a leading global hub. Similarly, Trump's Securities and Exchange Commission chairman, Paul Atkins, has also spent much of his bandwidth on his agency's program known as Project Crypto.
U.S. Commodity Futures Trading CommissionGeminiPolymarketKrakenCaroline D. PhamRegulation
More For You
Protocol Research: GoPlus Security
Commissioned byGoPlus
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
View Full Report
More For You
U.S. Banking Regulator Warns Wall Street on 'Debanking,' Claims Practices 'Unlawful'
The Office of the Comptroller of the Currency probed debanking of certain industries, including digital assets, and said it'll pursue any repeat of such activity.
What to know:
- The Office of the Comptroller of the Currency, which regulates U.S. national banks, released a report on so-called "debanking" of industries including crypto, saying that Wall Street banks have been guilty and may be subject to punishment.
- The report comes as a response to President Donald Trump's executive order in August directing regulators to probe debanking.
- It's unclear what legal authority the OCC may cite to pursue cases against bankers who violate the agency's standards.
Read full story
Latest Crypto News
State Street and Galaxy to Launch Tokenized Liquidity Fund on Solana in 2026
Stripe Acqui-Hires Crypto Payments Startup Valora, Venturing Further Into Stablecoins
U.S. Banking Regulator Warns Wall Street on 'Debanking,' Claims Practices 'Unlawful'
Bitcoin Swings Wildly as Fed's Powell Straddles Labor Market and Inflation Issues
A16z Crypto to Open Seoul Office, Hire Sungmo Park to Lead Asia Efforts
Consumer Groups Join Unions Trying to Derail U.S. Crypto Market Structure Bill
Top Stories
Bitcoin Swings Wildly as Fed's Powell Straddles Labor Market and Inflation Issues
Federal Reserve Cuts Rates 25 Basis Points, With Two Members Voting for Steady Policy
U.S. Banking Regulator Warns Wall Street on 'Debanking,' Claims Practices 'Unlawful'
Consumer Groups Join Unions Trying to Derail U.S. Crypto Market Structure Bill
Paxful Pleads Guilty to Aiding Crime, Ignoring AML Laws
SpaceX’s $300M Bitcoin Stack Puts Crypto Inside the World’s Biggest Planned IPO
Market Opportunity
Union Price(U)
$0.001523
$0.001523$0.001523
USD
Union (U) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
‘Groundbreaking’: Barry Silbert Reacts to Approval of ETF with XRP Exposure
The post ‘Groundbreaking’: Barry Silbert Reacts to Approval of ETF with XRP Exposure appeared on BitcoinEthereumNews.com. A “combo” ETF Crypto ETF trailblazer Digital Currency Group founder Barry Silbert has reacted to the approval of the Grayscale Digital Large Cap Fund (GDLC), the very first multi-crypto exchange-traded fund (ETF), describing it as “groundbreaking.” “Grayscale continues to be the first mover, driving new product innovations that bridge tradfi and digital assets,” Silbert said while commenting on the news. Peter Mintzberg, chief executive officer at Graysacle, claims that the team behind the world’s leading cryptocurrency asset manager is working “expeditiously” in order to bring the product to the market. A “combo” ETF The ETF in question offers exposure to Bitcoin (BTC), Ethereum (ETH), as well as several other major altcoins, including the Ripple-linked XRP token, Solana (SOL), and Cardano (ADA). XRP, for instance, has a 5.2% share of the fund, making it the third-largest constituent. The fund initially debuted as a private placement for accredited investors back in early 2018, and its shares later became available on over-the-counter (OTC) markets. In early July, the SEC approved the conversion of GDLC into an ETF, but it was then abruptly halted for a “review” shortly after this. As of Sept. 17, the fund currently has a total of $915.6 million in assets. Crypto ETF trailblazer It is worth noting that Grayscale is usually credited with kickstarting the cryptocurrency ETF craze by winning its court case against the SEC. The SEC ended up approving Bitcoin ETFs in early 2024 and then followed up with Ethereum ETFs. Grayscale’s flagship GBTC currently boasts more than $20.5 billion in net assets, according to data provided by SoSoValue. Source: https://u.today/groundbreaking-barry-silbert-reacts-to-approval-of-etf-with-xrp-exposure
Share
BitcoinEthereumNews2025/09/19 03:39
STX Technical Analysis Feb 10
The post STX Technical Analysis Feb 10 appeared on BitcoinEthereumNews.com. STX shows neutral momentum at RSI 40.77 level, confirming short-term bearish pressure
Share
BitcoinEthereumNews2026/02/10 14:10
Omdia: Mainland China’s cloud infrastructure market accelerates to 24% growth in Q3 2025
LONDON–(BUSINESS WIRE)–#China–According to Omdia, Mainland China’s cloud infrastructure services market reached $13.4 billion in Q3 2025, growing 24% year on year
Share
AI Journal2026/02/10 14:15