CFTC names first 5 members of crypto innovation task force

The U.S. Commodity Futures Trading Commission (CFTC) has announced the initial members of its Innovation Task Force, which was established to support innovation and enhance transparency in the cryptocurrency market. According to Cointelegraph, the group will be led by Michael Pasalaqua, Senior Counsel to CFTC Chairman Michael Selig. The five initial members include crypto lawyer Hank Balaban, former Patomak crypto consultant Sam Kanavos, CFTC legal expert Mark Faiver, blockchain lawyer Eugene Gonzalez IV, and CFTC Special Counsel Dina Moussa. Chairman Selig stated that the task force is composed of a top-tier team with the expertise and dedication to provide clear guidance for American innovators.