U.S. Commodity Futures Trading Commission (CFTC) Chairman Michael S. Selig announced the agenda for the first meeting of the Innovation Advisory Committee (IAC) on August 14. The meeting is scheduled for August 20 and will be livestreamed on the CFTC website. The agenda covers three main topics: the digital asset regulatory framework, the impact of AI technology on financial markets, and the development of prediction markets.
IAC’s First Meeting Agenda: Three Main Topics and Public Comment Deadline
(Source: CFTC)
The CFTC said that IAC members and participants will discuss three main topics: the digital asset regulatory framework; the impact of AI technology on financial market structure; and the current state of development of prediction markets. The meeting will be livestreamed on the CFTC website. The CFTC also noted that the agenda may be adjusted in light of the committee’s evolving priorities.
The deadline for submitting public comments is August 27, 2026, and all comments will be made publicly available through Regulations.gov, the U.S. federal government’s regulatory website.
IAC’s 35 Members: Executives from Crypto, Prediction Markets, and Traditional Finance
The IAC was established by CFTC Chairman Michael S. Selig to advise the agency on technological, legal, and policy issues. The committee’s 35 members include:
Prediction markets: Polymarket founder Shayne Coplan and Kalshi founder Tarek Mansour
Cryptocurrency: Coinbase CEO Brian Armstrong and Ripple CEO Brad Garlinghouse
Traditional finance: Executives from CME Group and Nasdaq
Betting platforms: Executives from DraftKings and FanDuel
Federal courts have previously supported prediction market platforms such as Kalshi in challenges to state restrictions. A ruling in Kalshi’s favor allowed its contracts to continue trading in Minnesota. This week, New York City council members also launched an investigation into prediction markets, focusing on how the platforms advertise to residents.
White House Meeting of Crypto and Prediction Market Executives
Three people familiar with the matter said the White House plans to convene a meeting of cryptocurrency and prediction market executives on August 19, and traditional finance executives may also attend. As of press time, the guest list and whether President Trump will attend had not been officially disclosed, and the White House had not publicly commented on the matter.
President Trump has advanced digital asset-related policies since returning to office in 2025, while the CFTC has also expanded the regulatory framework for prediction market operators. The White House meeting on August 19 and the CFTC IAC’s first meeting on August 20 will take place consecutively, allowing Washington to conduct concentrated policy discussions with the crypto and prediction market industries over two days.
CLARITY Act Status: Passed 15–9 in Committee, Full Senate Vote Still Pending
The CLARITY Act aims to reshape how the federal government regulates token trading, establish stricter standards for determining which assets are securities, and assign shared regulatory responsibilities to the SEC and CFTC. The Senate Banking Committee passed the bill by a vote of 15–9 in May 2026, but senators entered the August recess without holding a full Senate vote.
The bill currently faces two specific obstacles: Democrats oppose including Trump’s cryptocurrency holdings within the scope of an ethics exemption, while Republican Senators Josh Hawley and Jerry Moran oppose the stablecoin yield provision over concerns related to community banking interests. Breaking a filibuster requires 60 votes. Majority Leader John Thune stated that the Senate would advance the bill as soon as possible after returning in September. The SEC has also begun drafting its own cryptocurrency regulatory rules as an alternative.
FAQ
When will the CFTC Innovation Advisory Committee hold its first meeting, and how can it be viewed live?
The IAC’s first meeting is scheduled for August 20, 2026, and will be livestreamed on the CFTC website. The agenda covers three main topics: the digital asset regulatory framework, AI’s impact on financial markets, and the development of prediction markets.
How can the public participate in the CFTC Innovation Advisory Committee’s public comment process?
The public may submit comments through Regulations.gov, the U.S. federal government’s regulatory website, by August 27, 2026. All comments will be made publicly available on the platform.
What is the current legislative progress of the CLARITY Act?
The Senate Banking Committee passed the bill by a vote of 15–9 in May 2026, but the Senate entered the August recess without holding a full Senate vote. Majority Leader John Thune stated that the Senate would advance it as soon as possible after returning in September. The SEC has also begun drafting its own cryptocurrency regulatory rules as an alternative.
