The Technology Advisory Committee focuses on guiding CFTC regarding technology’s impact on the financial system.
CFTC is the US financial regulator that monitors the derivatives market.
US financial regulator Commodity Futures Trading Commission (CFTC) recently made a friendly gesture towards the crypto industry. Though it’s not about any crypto-friendly regulations, the action may make an impact, given the involvement of crypto executives. The agency reportedly added several executives and founders of different crypto companies to its Technology Advisory Committee (TAC). Apart from crypto, several members from tech companies and university law school professors were also said to join the committee.
According to the CFTC’s website, the 1999-formed Technology Advisory Committee advises the agency “on complex issues at the intersection of technology, law, policy, and finance.” It could also give recommendations on how technological changes are making “impact and implica
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