CFTC sets Aug. 20 crypto talks as CLARITY vote waits

The Commodity Futures Trading Commission will use its inaugural Innovation Advisory Committee meeting on Aug. 20 to examine crypto regulation, artificial intelligence and prediction markets as Congress delays action on a broader digital asset market structure bill. Summary CFTC advisers will discuss crypto regulation on August 20 as Congress delays market structure legislation. The agenda includes using existing statutory authority while complementing future congressional legislation on digital assets. Senate cloture on the CLARITY Act’s motion to proceed is scheduled to ripen September 15. SEC canceled its August 14 crypto offering meeting and has not announced a replacement date. Michael Selig currently serves as the CFTC’s sole commissioner despite the agency’s statutory five-seat structure. The three-hour meeting begins at 1 p.m. ET in Washington and will be streamed publicly, according to the CFTC release. The timing gives the meeting a sharper policy role than a routine technology discussion. The CFTC agenda explicitly lists “opportunities to modernize existing rules using current statutory authority” and areas where regulatory action can “complement future congressional legi...