CFTC Appoints Crypto Leaders to Digital Asset Markets Subcommittee
The Commodity Futures Trading Commission (CFTC) has appointed several crypto industry leaders to its Digital Asset Markets Subcommittee (DAMS) to enhance engagement with the thriving sector. New members include Katherine Minarik from Uniswap Labs, Avery Ching of Aptos Labs, James Hill from BNY, and Ben Sherwin from Chainlink Labs. Additionally, Scott Lucas from JPMorgan has been appointed as co-chair alongside Sandy Kaul of Franklin Templeton. Lucas expressed eagerness to collaborate with the Commission to help create effective regulatory frameworks for digital assets. The appointments signify a growing connection between traditional finance and the digital asset economy, highlighting increased interest from major Wall Street firms in tokenized assets and stablecoins. This development comes as the CFTC aligns itself with the White House's pro-crypto agenda, working towards clarifying regulatory jurisdiction over digital assets, which aims to promote innovation and investor protection within the rapidly evolving market.
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