The CFTC’s Technology Advisory Committee was joined by Avalabs CEO Emin Gün Sirer, Circle vice president Corey Then, and FireBlocks co-founder Michael Shaulov.
The crypto industry, which has seen an increase in adoption rates day by day, has managed to attract the attention of regulators. In particular, US regulators took a place on the agenda with their pressure on many crypto organizations.
One of these regulators, the CFTC, created the Technology Advisory Committee to better understand the industry. Emin Gün Sirer, CEO of Avalabs, and senior executives of several other crypto projects joined this board.
CFTC Board Attends From The Crypto World
The Technology Advisory Committee aims to assist the CFTC in examining the impact and consequences of technological innovation in financial services and markets.
Avalabs CEO Emin Gün Sirer has confirmed that he has joined the CFTC’s Technology Advisory Committee with his post on Twitter. Sirer stated that as a result of this participation, he will try to improve the sector and keep the regulators informed of the latest developments in the crypto sector. Sirer also stated that he will do his best to bring the benefits of blockchains to financial systems.
This board was also announced at the CFTC. The CFTC said the following on the subject;
“The Technical Advisory Board may enable the CFTC to consider technology-related issues to support its mission to ensure the integrity of derivatives and commodities markets and achieve other public interest goals.”
The inclusion of Circle and Avalabs on the CFTC’s Technology Advisory Committee has garnered attention in the crypto industry.
I'm thrilled to have been appointed to the CFTC's Technical Advisory Board. I'll do everything I can to move the space forward, inform regulators about the latest developments in crypto, and bring the benefits of blockchains to our financial system.https://t.co/5RpC1pb8Sd
— Emin Gün Sirer🔺 (@el33th4xor) March 13, 2023
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