Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    MetaMask unveils AI wallet with $10K loss protection

    August 6, 2026

    ZachXBT warns followers not to get scammed as he turns off DMs

    August 6, 2026

    Circle stock gets $140 target after mixed Q2 results

    August 6, 2026
    Facebook X (Twitter) Instagram YouTube
    X (Twitter) Instagram YouTube LinkedIn
    Block Hub News
    • Lithosphere News Releases
    • Altcoins
      • Bitcoin
      • Coinbase
      • Litecoin
    • Crypto
    • Ethereum
    • Blockchain
    Block Hub News
    You are at:Home » CFTC hires SEC crypto adviser as digital asset debate heats up
    Crypto

    CFTC hires SEC crypto adviser as digital asset debate heats up

    James WilsonBy James WilsonJune 15, 2026No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email



    The Commodity Futures Trading Commission has appointed SEC crypto task force adviser Donald Battle as chief data innovation officer as lawmakers continue debating the future of U.S. digital asset regulation.

    Summary

    • CFTC appoints SEC crypto task force adviser Donald Battle as chief data innovation officer.
    • Battle brings experience in blockchain forensics, AI, data science, and crypto enforcement.
    • The appointment comes as the CFTC defends prediction markets and Congress debates the CLARITY Act.

    According to a Monday announcement from CFTC Chair Michael Selig, Donald Battle will serve as the agency’s new chief data innovation officer.

    Battle most recently advised the Securities and Exchange Commission’s crypto task force and previously held roles at the CFTC and the Treasury Department’s Financial Crimes Enforcement Network.

    In the announcement, Selig pointed to Battle’s background in data science, blockchain forensics, application programming interfaces, and artificial intelligence as factors behind the appointment.

    Battle joined the SEC crypto task force in January 2025 after the Trump administration took office and has worked on cryptocurrency-related investigations and analytics across multiple federal agencies.

    The hire comes as lawmakers in Washington continue work on the CLARITY Act, legislation that would redefine the responsibilities of the SEC and CFTC in overseeing digital assets. While Congress debates those jurisdictional boundaries, the CFTC has remained deeply involved in both crypto-related enforcement and prediction market regulation.

    CFTC expands focus on digital asset oversight

    Responsibility for many of the agency’s digital asset activities currently rests with the CFTC, which, under Selig, has taken an active role in disputes involving federally regulated event contracts and prediction markets.

    Court filings cited by the commission show the agency recently sued New Mexico after state officials attempted to apply local gaming laws to contracts listed on prediction market platform Kalshi. The lawsuit names Gov. Michelle Lujan Grisham, Attorney General Raúl Torrez, and other state officials.

    According to the complaint, the CFTC argues that federally regulated event contracts fall under its authority and cannot be governed by state gambling rules.

    The case followed allegations from New Mexico authorities that Kalshi was operating without a required license and allowing participation by users younger than the state’s legal gaming age of 21.

    Federal regulators have made similar arguments in other disputes involving prediction markets, maintaining that contracts listed on platforms operating under CFTC oversight should be regulated at the federal level.

    Sports contract proposal enters public review

    At the same time, the commission has opened a public consultation process on a proposed framework covering sports event contracts.

    According to the CFTC, the draft rule seeks to distinguish sports event contracts offered by platforms such as Kalshi and Polymarket from what the agency described as games of random chance.

    The proposal could play a key role in determining how federal regulators treat sports-related prediction markets and how those markets interact with state gaming laws.

    The commission said the public will have 45 days to submit comments on the proposal before regulators consider next steps.

    Battle’s arrival places a veteran blockchain investigator inside the agency’s data leadership team as the commission navigates overlapping debates involving crypto markets, prediction platforms, and the future division of authority between federal regulators.

    With Congress still considering market structure legislation, the CFTC continues to play a central role in several of the industry’s most closely watched regulatory battles.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleWas X shadow ban holding the price of BTC back?
    Next Article Why crypto should have listened to Dilbert
    James Wilson

    Related Posts

    MetaMask unveils AI wallet with $10K loss protection

    August 6, 2026

    Circle stock gets $140 target after mixed Q2 results

    August 6, 2026

    Elizabeth Warren backs crypto rules, rejects CLARITY Act

    August 6, 2026
    Leave A Reply Cancel Reply

    Demo
    Latest Posts

    MetaMask unveils AI wallet with $10K loss protection

    August 6, 20260 Views

    ZachXBT warns followers not to get scammed as he turns off DMs

    August 6, 20260 Views

    Circle stock gets $140 target after mixed Q2 results

    August 6, 20260 Views

    Crypto exchange Bybit hacked for over $1.4 billion

    August 6, 20260 Views
    Don't Miss

    NEAR’s bet to be the settlement layer for AI agents

    By James WilsonJune 21, 2026

    NEAR is making a specific wager: that the future of crypto is autonomous AI agents…

    Ethereum Execution Layer Specification | Ethereum Foundation Blog

    July 3, 2026

    Digital Repatriation | Ethereum Foundation Blog

    June 30, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    Demo
    X (Twitter) Instagram YouTube LinkedIn
    Our Picks

    MetaMask unveils AI wallet with $10K loss protection

    August 6, 2026

    ZachXBT warns followers not to get scammed as he turns off DMs

    August 6, 2026

    Circle stock gets $140 target after mixed Q2 results

    August 6, 2026
    Most Popular

    NEAR’s bet to be the settlement layer for AI agents

    June 21, 20265 Views

    Ethereum Execution Layer Specification | Ethereum Foundation Blog

    July 3, 20262 Views

    Digital Repatriation | Ethereum Foundation Blog

    June 30, 20262 Views
    © 2026 - 2026

    Type above and press Enter to search. Press Esc to cancel.