CFTC Launches Innovation Task Force to Shape Crypto, AI, and Event-Contract Rules

The U.S. Commodity Futures Trading Commission has set up an Innovation Task Force to focus on crypto assets, blockchain, AI, and prediction markets, aiming to clarify oversight for new products in U.S. derivatives markets. The group will be led by senior advisor Michael J. Passalacqua and is expected to coordinate with other federal regulators, including the SEC, as broader market-rule updates continue.