By cryptoadmin 
Story Highlights
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The CFTC has developed an Innovation Task Force charged with regulating emerging technologies.
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The move received mixed opinions including optimism, confusion over its guidelines and frustration over crypto regulatory delays.
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Several laws and bills exist regarding regulation of these technologies.
Under the leadership of Chairman Mike Selig, the Commodities and Futures Trading Commission (CFTC) has announced the launch of an Innovation Task Force to regulate emerging financial technologies.
The task force focuses specifically on three areas:
- Blockchain and cryptocurrencies
- Artificial intelligence (AI) and autonomous systems
- Prediction markets and event contracts.
CFTC Innovation Task Force to regulate fintech
Led by senior advisor Michael J. Passalacqua, the task force will partner with other federal agencies, including the U.S. Securities and Exchange Commission (SEC) to promote innovation while maintaining integrity and fostering user protection.
Source: Event Horizon