Story perspectives

CFTC Unveils New Crypto Committee Amid Regulatory Overhaul

9/21/2025

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Summary

Story summary

On September 19, 2025, CFTC Acting Chairman Caroline D. Pham announced new appointments for the Global Markets Advisory Committee (GMAC) and its Digital Asset Markets Subcommittee (DAMS).
Scott Lucas (J.P. Morgan) and Sandy Kaul (Franklin Templeton) will serve as co-chairs.
New DAMS members include Katherine Minarik (Uniswap Labs), Avery Ching (Aptos Labs), James J. Hill (BNY), and Ben Sherwin (Chainlink Labs).
The CFTC is launching a “Crypto Sprint” to clarify jurisdiction with the SEC and improve digital asset regulations.
Legislative efforts like the GENIUS Act and the Responsible Financial Innovation Act aim to redefine SEC-CFTC roles and protect DeFi developers.

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Story summary

On September 19, 2025, CFTC Acting Chairman Caroline D. Pham announced new appointments for the Global Markets Advisory Committee (GMAC) and its Digital Asset Markets Subcommittee (DAMS).
Scott Lucas (J.P. Morgan) and Sandy Kaul (Franklin Templeton) will serve as co-chairs.
New DAMS members include Katherine Minarik (Uniswap Labs), Avery Ching (Aptos Labs), James J. Hill (BNY), and Ben Sherwin (Chainlink Labs).
The CFTC is launching a “Crypto Sprint” to clarify jurisdiction with the SEC and improve digital asset regulations.
Legislative efforts like the GENIUS Act and the Responsible Financial Innovation Act aim to redefine SEC-CFTC roles and protect DeFi developers.