The committee’s first meeting is scheduled for March 22 and will include a new subcommittee on digital assets and blockchain technology.
Executives from Circle, TRM, Fireblocks and other companies have been appointed by the CFTC to its new Technology Advisory Committee (TAC).
In an official statement, Commissioner Christy Goldsmith Romero named former White House official Carole House as the new chair, while Ari Redbord of TRM Labs was named vice chair.
Romero said:
“As our markets face the most challenging and innovative times yet with next-generation technologies, I am honored that the new members of the Technology Advisory Committee have agreed to this public service.”
Maintaining the market
The Commission seeks guidance from technical experts to protect markets from evolving cyber threats, promote the responsible growth of digital assets, and enhance understanding of the potential impacts of emerging technologies, such as artificial intelligence (AI).
“These experts can provide us with foundational knowledge about technology and its complex and subtle effects and implications on financial markets.”
Composition of TAC
Former CFTC Commissioner Brian Quintenz — currently head of policy at venture capital firm Andreessen Horowitz — previously sponsored TAC.
The TAC includes several representatives from the crypto industry, including Circle VP Corey Then, Espresso Systems CSO Jill Gunter, Fireblocks CEO Michael Shaulov, Ava Labs CEO Emin Gün Sirer, and Paradigm’s policy director Justin Slaughter.
According to CFTC officials, the TAC’s first meeting is scheduled for March 22, when members will discuss updating the Cybersecurity Subcommittee, merging two previous TAC subcommittees to form a new Digital Assets and Blockchain Technology Subcommittee, and creating a new Emerging Technologies Panel Advisory Committee.
