CFTC Alert! CFTC is requesting nominations for membership on the e Digital Asset Markets Subcommittee to identify and assess key issues and policy proposals with respect to digital asset markets, including digital finance and tokenization of assets
Source: https://public-inspection.federalregister.gov/2023-04048.pdf
Digital Asset Markets Subcommittee. Identifying and assessing key issues and policy proposals with respect to digital asset markets, including digital finance and tokenization of assets, non-financial activities and Web3, and blockchain technology.
Purpose:
The purpose of the proposed Subcommittees would be to provide report(s) and/or recommendations to the GMAC that will identify and examine key issues that affect the integrity and competitiveness of U.S. markets and U.S. firms engaged in global business, including the regulatory challenges of a global marketplace that reflects the increasing interconnectedness of markets and the multinational nature of business, including for derivatives markets; and to assess and inform international standards through engagement with international policymakers and authorities in other jurisdictions, with a focus on global market structure, digital asset markets, and technical issues, respectively.
For individuals who are not serving on the GMAC currently, the Commission seeks nominations of individuals from a wide range of perspectives, including from industry, academia, the government, and public interest groups. To advise the GMAC effectively, members of each Subcommittee must have a high level of expertise and experience with the subject matter of the Subcommittee. To the extent practicable, the Commission will strive to select members reflecting wide ethnic, racial, gender, and age representation.
The Commission invites the submission of nominations for membership in each of the Subcommittees. Each nomination submission should include the proposed memberโs name, title, organization affiliation and address, email address and telephone number, as well as information that supports the individualโs qualifications to serve on the relevant Subcommittee. The submission should also include the name, email address and telephone number of the person nominating the proposed Subcommittee member. Self-nominations are acceptable.
TLDRS:
The Commodity Futures Trading Commission (CFTC) is making overtures towards regulating Digital Assets.
They are launching a subcommittee (Digital Asset Markets Subcommittee) tasked with identifying and assessing key issues and policy proposals with respect to digital asset markets, including digital finance and tokenization of assets, non-financial activities and Web3, and blockchain technology.
Members of each of the Subcommittees will include individuals who are members of the GMAC and/or other individuals. For individuals who are not serving on the GMAC currently, the Commission seeks nominations of individuals from a wide range of perspectives, including from industry, academia, the government, and public interest groups--(this could be APES and folks actually familiar with crypto!).
