The Commodity Futures Trading Commission announced the launch of an Innovation Task Force to advance clearer “rules of the road” for firms developing novel products and technologies in U.S. derivatives markets. Working in partnership with the Innovation Advisory Committee, the task force will support the Commission’s development of a regulatory framework covering crypto assets and blockchain technologies, artificial intelligence and autonomous systems, and prediction markets and event contracts. The group is also tasked with coordinating innovation initiatives with other federal agencies, including the U.S. Securities and Exchange Commission and its Crypto Task Force, and will be led by Michael J. Passalacqua, senior advisor to the Chairman.