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: 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 […] Сообщение Crypto Exchange Leaders Join CFTC CEO Innovation Council появились сначала на INCRYPTED.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: 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 […] Сообщение Crypto Exchange Leaders Join CFTC CEO Innovation Council появились сначала на INCRYPTED.

Crypto Exchange Leaders Join CFTC CEO Innovation Council

2025/12/11 17:01
  • 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.

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Fed Makes First Rate Cut of the Year, Lowers Rates by 25 Bps

Fed Makes First Rate Cut of the Year, Lowers Rates by 25 Bps

The post Fed Makes First Rate Cut of the Year, Lowers Rates by 25 Bps appeared on BitcoinEthereumNews.com. The Federal Reserve has made its first Fed rate cut this year following today’s FOMC meeting, lowering interest rates by 25 basis points (bps). This comes in line with expectations, while the crypto market awaits Fed Chair Jerome Powell’s speech for guidance on the committee’s stance moving forward. FOMC Makes First Fed Rate Cut This Year With 25 Bps Cut In a press release, the committee announced that it has decided to lower the target range for the federal funds rate by 25 bps from between 4.25% and 4.5% to 4% and 4.25%. This comes in line with expectations as market participants were pricing in a 25 bps cut, as against a 50 bps cut. This marks the first Fed rate cut this year, with the last cut before this coming last year in December. Notably, the Fed also made the first cut last year in September, although it was a 50 bps cut back then. All Fed officials voted in favor of a 25 bps cut except Stephen Miran, who dissented in favor of a 50 bps cut. This rate cut decision comes amid concerns that the labor market may be softening, with recent U.S. jobs data pointing to a weak labor market. The committee noted in the release that job gains have slowed, and that the unemployment rate has edged up but remains low. They added that inflation has moved up and remains somewhat elevated. Fed Chair Jerome Powell had also already signaled at the Jackson Hole Conference that they were likely to lower interest rates with the downside risk in the labor market rising. The committee reiterated this in the release that downside risks to employment have risen. Before the Fed rate cut decision, experts weighed in on whether the FOMC should make a 25 bps cut or…
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BitcoinEthereumNews2025/09/18 04:36