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CFTC Commissioner Caroline Pham established the "CEO Innovation Committee" to seek to expand regulation of prediction markets.
Caroline Pham, a member of the Commodity Futures Trading Commission (CFTC), announced the establishment of a new "CEO Innovation Council" and is seeking candidates and potential key topics from the public. According to a press release issued on November 25, the council will focus on the regulation of innovative fintech and prediction markets, providing advisory support for the CFTC's future regulatory expansion.
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