No Result
View All Result
Global Finances Daily
  • Alternative Investments
  • Crypto
  • Financial Markets
  • Investments
  • Lifestyle
  • Protection
  • Retirement
  • Savings
  • Work & Careers
No Result
View All Result
  • Alternative Investments
  • Crypto
  • Financial Markets
  • Investments
  • Lifestyle
  • Protection
  • Retirement
  • Savings
  • Work & Careers
  • Login
Global Finances Daily
No Result
View All Result
Home Crypto

CFTC hires SEC crypto adviser as digital asset debate heats up

June 15, 2026
in Crypto
0
CFTC hires SEC crypto adviser as digital asset debate heats up



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.

Editorial Team

Editorial Team

Related Posts

US–Iran Peace Deal Sparks Risk-On
Crypto

US–Iran Peace Deal Sparks Risk-On

June 15, 2026
UFC
Crypto

World Liberty’s USD1 Stablecoin Enters UFC Bonus Spotlight

June 15, 2026
Cointelegraph
Crypto

Bitcoin May Rebound to Six-Figures Before October, BTC Price Technicals Suggest

June 15, 2026
Arthur Hayes scoops up $5.4M in Ethereum after Iran deal
Crypto

Arthur Hayes scoops up $5.4M in Ethereum after Iran deal

June 15, 2026
Clarity Act News: July 4 Deadline Dead in the Water, Senate Ethics Fight and 60-Vote Hurdle
Crypto

Clarity Act News: July 4 Deadline Dead in the Water, Senate Ethics Fight and 60-Vote Hurdle

June 15, 2026
Ethereum Quantum-Proof Account Proposal Could Make Wallet Protection Cheap
Crypto

Ethereum Quantum-Proof Account Proposal Could Make Wallet Protection Cheap

June 15, 2026
Load More

Popular News

  • Josh Garber

    How to Contact Hilton Customer Service

    0 shares
    Share 0 Tweet 0
  • The 10 best banks for college students in 2025

    0 shares
    Share 0 Tweet 0
  • Solana price could revisit June lows as recovery runs out of steam

    0 shares
    Share 0 Tweet 0
  • EWC: I Still Like Canada Going Forward (NYSEARCA:EWC)

    0 shares
    Share 0 Tweet 0
  • What Is The Bank of Missouri, and Are Its Credit Cards Right for You?

    0 shares
    Share 0 Tweet 0

Latest News

CFTC hires SEC crypto adviser as digital asset debate heats up

CFTC hires SEC crypto adviser as digital asset debate heats up

June 15, 2026
0

The Commodity Futures Trading Commission has appointed SEC crypto task force adviser Donald Battle as chief data innovation officer as...

All eyes are now on the bond market as oil prices fall. Will the Fed hike rates?

All eyes are now on the bond market as oil prices fall. Will the Fed hike rates?

June 15, 2026
0

The $30 Treasury market is taking a wait-and-see approach to the U.S.-Iran peace framework deal and to Kevin Warsh’s first...

10 Hacks Every PayPal User Should Know

10 Hacks Every PayPal User Should Know

June 15, 2026
0

PayPal is a payment platform with a wide range of uses, from peer-to-peer sharing to centralized checkouts with merchants across...

US–Iran Peace Deal Sparks Risk-On

US–Iran Peace Deal Sparks Risk-On

June 15, 2026
0

Bitcoin rose +2% to $65,800 on Monday, June 15, after the US and Iran confirmed a memorandum of understanding to...

Global Finances Daily

Welcome to Global Finances Daily, your go-to source for all things finance. Our mission is to provide our readers with valuable information and insights to help them achieve their financial goals and secure their financial future.

Subscribe

  • About Us
  • Contact
  • Privacy Policy
  • Terms of Use
  • Editorial Process

© 2025 All Rights Reserved - Global Finances Daily.

No Result
View All Result
  • Alternative Investments
  • Crypto
  • Financial Markets
  • Investments
  • Lifestyle
  • Protection
  • Retirement
  • Savings
  • Work & Careers

© 2025 All Rights Reserved - Global Finances Daily.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.