What is the Innovation Advisory Committee?
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The Innovation Advisory Committee (IAC) is a 35-member panel of industry leaders, including executives from cryptocurrency, traditional finance, and prediction markets. Its purpose is to provide the CFTC with insights on emerging technologies, innovative products, and evolving business models in financial markets. By combining industry expertise with input from academia, public interest groups, and other regulatory bodies, the committee helps the CFTC craft policies that reflect market realities, encourage innovation, and protect investors in an increasingly complex financial ecosystem.
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Good to see regulators actually engaging with crypto.
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Collaboration beats enforcement by surprise.