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CFTC names Coinbase, Ripple CEOs among 35 members of new Innovation Advisory Committee

Chair Mike Selig repurposed the agency’s previous CEO innovation council and expanded its membership nearly threefold.

Feb 13, 20265:26 AMNewsroom AI

The Commodity Futures Trading Commission’s new chair, Mike Selig, repurposed the agency’s prior CEO innovation council into an Innovation Advisory Committee and named a broad slate of industry figures, including Coinbase CEO Brian Armstrong and Ripple CEO Brad Garlinghouse, to the panel [1][3][2].

Selig launched the committee in January with 12 charter members before expanding the final list to 35, an increase described as almost tripling the council’s membership [3][1].

The appointments bring crypto executives into an advisory role at the CFTC as lawmakers and regulators continue to debate how new rules should govern digital-asset markets [4][1].

The new committee formalizes expanded industry representation on a CFTC advisory panel as the agency seeks input on innovation and market-structure issues facing digital assets [1][3][4].

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