Acting Chair Caroline Pham of the U.S. Commodity Futures Trading Commission (CFTC) recently announced that she is actively inviting Chief Executive Officers from multiple industries to join her newly established "CEO Innovation Committee." This move aims to enhance the foresight and effectiveness of regulatory work as the agency continues to expand its responsibilities in the digital asset regulatory domain.

Pham emphasized that the current digital asset market is developing rapidly, and regulators must accelerate their pace to keep up with industry leaders. She stated, "In order to hit the ground running, the CFTC needs to enhance its engagement with the public, supported by subject matter experts and innovators who are shaping the future." By incorporating the insights and experience of top corporate executives, the committee hopes to build a more inclusive and adaptable regulatory framework, thereby protecting investor interests without stifling the vitality of technological innovation.

The establishment of this Innovation Committee is seen as a significant step by the CFTC to strengthen its regulatory involvement in crypto-assets and other emerging technologies. Pham officially launched the nomination process for committee members this Tuesday, with the submission deadline set for December 8. She expressed her expectation for active participation from business leaders in fintech, blockchain, digital asset trading platforms, and other related technology fields to jointly promote the modernization of regulatory policies.

This initiative also reflects that U.S. regulatory agencies, when facing the rapidly evolving crypto ecosystem, are attempting to shift from unilateral regulation to a more open collaborative governance model. By forming such a high-level advisory body, the CFTC hopes to more accurately grasp industry trends, identify potential risks, and incorporate more frontline practical wisdom into policy formulation.

It is foreseeable that the formation of this committee will build an important communication bridge between regulators and the private sector, thereby providing a more constructive direction for the U.S. regulatory path in the digital asset field.