CFTC Task Force Signals End of Regulation by Enforcement
Crypto innovators will now have a predictable regulatory environment instead of an enforcement-driven model. This shift is driven by the Commodity Futures Trading Commission (CFTC) and its newly launched Innovation Task Force (ITF). The ITF is composed of a public regulators and private-sector experts from law firms, the Blockchain Association, and DeFi funds. The task force focuses on crypto, blockchain, AI, and prediction markets to establish clear guidelines. CFTC Chairman Michael S. Selig stated the goal is to provide "rules of the road" for innovators.
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