- It included representatives of Ava Labs, Circle, TRM, Fireblocks and other companies
- The Committee will develop digital assets and protect cyber attacks
Commodity Futures Trading Commission (CFTC) created committee on new technologies. It will be led by former White House official Carol House. By the way, this politician helped Joe Biden in his work on the law on cryptocurrencies.
House’s replacement will be Ari Redbord of the analytics firm TRM Labs. Previously, he also had political experience – he worked as an official in the US Treasury Department.
The commission will also include other representatives of the crypto industry:
- Circle Vice President Corey Ten;
- Fireblocks CEO Michael Shaulov;
- Espresso Systems CSO Jill Gunter;
- Ava Labs CEO Emin Gun Sirer;
- Paradigm Chief Strategy Officer Justin Slaughter;
- Trail of Bits CEO Dan Guido;
- CSO Lightspark Christian Catalini.
The document says that blockchain specialists are needed in order for the committee to correctly perform its tasks:
“The commission needs help from technical experts. This is necessary to protect markets from increasingly complex cyber attacks, as well as for the competent development of digital assets. Our goal is to protect customers and get the right understanding of the implications of new technologies.”
The first meeting will take place on March 22. It will consider the creation of Subcommittees on Cybersecurity, Digital Assets and Blockchain Technology and Emerging Technologies.
See also: Meta curtail NFT program
