The U.S. Commodity Futures Trading Commission (CFTC) has launched an Innovation Advisory Committee featuring key figures from the cryptocurrency industry, including Tyler Winklevoss of Gemini and executives from Kraken and Crypto.com. This initiative, announced in Washington D.C., aims to foster collaboration between regulators and innovators to develop market structure regulations that accommodate emerging technologies like blockchain and AI. The committee, led by Commissioner Mike Selig, includes representatives from both crypto exchanges and traditional financial institutions such as Nasdaq and CME. Its primary focus will be on derivatives markets, where the CFTC has jurisdiction, particularly over Bitcoin and Ethereum futures. The committee's work is expected to influence regulatory frameworks, potentially enhancing market stability and consumer protections. This move contrasts with the SEC's enforcement-focused approach, highlighting the CFTC's preference for collaborative regulation. The committee's efforts could reshape the interaction between traditional and decentralized finance, promoting innovation while ensuring market integrity.