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Michael S. Selig, Chairman of the Commodity Futures Trading Commission (CFTC), announced the agenda for the first meeting of the Innovation Advisory Committee (IAC). The committee will hold its first meeting on August 20th, focusing on discussions on cryptocurrency assets, artificial intelligence, and regulatory issues in the prediction market. Michael S. Selig stated that the United States has long been a global center for financial innovation, and hopes to explore how emerging technologies and financial products can drive market development and jointly explore new frontiers in finance through exchanges with innovative entrepreneurs, researchers, and industry builders. This meeting will be live streamed on the CFTC official website.

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