CFTC to convene Innovation Advisory Committee on August 20 for crypto, AI, and prediction markets discussion

The CFTC announced that it will hold the inaugural meeting of its Innovation Advisory Committee on Thursday, August 20, 2026, focusing discussions on the regulation of crypto assets, artificial intelligence, and prediction markets, according to a press release from the agency that has not been independently verified.

Per the agency announcement, the meeting will be streamed live on CFTC.gov. Members of the public may submit comments in connection with the meeting by August 27 through Regulations.gov or by other methods specified in the meeting notice. All comments received will be posted on Regulations.gov.

Chairman Michael S. Selig is listed as the sponsor of the Innovation Advisory Committee, according to the press release. Michael Passalacqua serves as the committee's Designated Federal Officer. The CFTC stated that the meeting agenda may change to accommodate other committee priorities.

In a statement included in the announcement, Selig said: "America has long been the global hub of financial innovation. I look forward to meeting with the entrepreneurs, thinkers, and builders of the CFTC's Innovation Advisory Committee to discuss ways emerging technologies and financial products are shaping our markets as we embark upon the new frontier of finance." This quote comes from the agency press release and reflects the announced position only.

The CFTC included a disclaimer that "the views, opinions, and information expressed by the Advisory Committees are solely those of the respective Advisory Committee and do not necessarily reflect the views of the Commission, its staff, or the U.S. government." This language signals that the committee's recommendations are advisory only and carry no guarantee of binding regulatory outcomes or formal rulemaking.