The U.S. Commodity Futures Trading Commission (CFTC) has appointed Chainlink co-founder Sergey Nazarov to its Innovation Advisory Committee, a panel launched and sponsored by Chairman Michael S. Selig to guide financial technology policy.
The committee brings together senior leaders from traditional finance, market infrastructure firms, and the digital asset sector to advise the CFTC on emerging technologies shaping derivatives and commodity markets.
According to the commission, the group will provide recommendations on blockchain and artificial intelligence and their impact on regulatory development. Nazarov joins executives from institutions including Nasdaq, CME Group, Intercontinental Exchange (ICE), Coinbase, and Robinhood.
“I’m honored to be appointed to serve on the CFTC’s Innovation Advisory Committee alongside leaders from across traditional and decentralized finance,” Nazarov said.
Nazarov added:
“It’s great to see the CFTC proactively engaging with industry to develop clear rules that strengthen innovation and reinforce America’s leadership in global markets.”
He added that engagement between regulators and industry can help develop clear rules while reinforcing U.S. leadership in global markets. The CFTC said the committee supports efforts to modernize market structure regulation while maintaining oversight and integrity.
FAQ ❓
- What is the CFTC’s Innovation Advisory Committee?It is a panel established by the CFTC to advise on financial technology developments affecting derivatives and commodity markets.
- Who is Sergey Nazarov?He is the co-founder of Chainlink, a blockchain oracle network that provides data and interoperability services to decentralized and traditional finance systems.
- Why was Nazarov appointed?The CFTC selected him as part of a broader effort to engage industry leaders on blockchain, artificial intelligence and market infrastructure issues.
- What is the committee’s goal?Its purpose is to provide recommendations that help the CFTC modernize regulation while maintaining market integrity.