Crypto Heavyweights Join CFTC’s Global Advisory Panel – Details

The US Commodity Futures Trading Commission (CFTC), announced new appointments to its Global Markets Advisory Committee and the Digital Asset Markets Subcommittee on September 19, ￰1￱ move brings fresh faces from both crypto and Wall Street firms into roles intended to advise the agency on digital asset ￰2￱ Leadership And Who They Are Reports have disclosed that Scott Lucas, Managing Director and Head of Markets Digital Assets at J. P. Morgan, and Sandy Kaul, Executive Vice President at Franklin Templeton, will serve as co-chairs of the Digital Asset Markets ￰3￱ addition, the CFTC named several industry figures to the panel, including Katherine Minarik of Uniswap Labs, Avery Ching of Aptos Labs, James ￰4￱ from BNY Mellon, and Ben Sherwin of Chainlink ￰5￱ appointments were announced by Acting Chair Caroline ￰6￱ list includes eight new members ￰7￱ come from traditional banks and asset ￰8￱ come from decentralized finance and infrastructure ￰9￱ to @chainlinklabs General Counsel Ben Sherwin on his appointment to the @CFTC ’s Digital Asset Markets Subcommittee of the Global Markets Advisory Committee! @chainlink ￰0￱ — Caroline ￰10￱ (@CarolineDPham) September 19, 2025 Why This Matters Now Based on reports, the appointments arrive as the CFTC pushes to play a larger role in how crypto markets operate in the ￰11￱ agency has recently signaled that it will explore allowing spot crypto trading on registered futures exchanges — an initiative that could change which regulator oversees certain crypto ￰12￱ initiative was described in agency statements and industry coverage earlier this ￰13￱ Chair Pham has also framed the advisory group as a bridge between market practice and ￰14￱ said the committee “provides invaluable expertise” that helps the agency weigh market structure and the regulatory treatment of digital ￰15￱ Of Interests In The Room Bringing JPMorgan and Franklin Templeton together with Uniswap and Chainlink highlights a core ￰16￱ firms want clear rules that let them operate ￰17￱ groups and some regulators want stronger ￰18￱ committees do not make law; they advise.

Still, their views can shape what rules are written ￰19￱ coverage also notes a practical reason for leaning on advisory bodies: the agency still has leadership ￰20￱ say several commissioner seats remain unfilled, which puts more weight on staff and outside advisers while those appointments are ￰21￱ appointments mark another step in a wider push to fold crypto more firmly into US ￰22￱ that leads to faster approvals for new trading venues, or to stricter rules, will depend on how the committee’s recommendations are used by ￰23￱ image from Jhvephotos | Dreamstime. com, chart from TradingView