I am pleased to share with you a significant milestone in our ongoing efforts to shape public policy related to Non-Fungible Tokens (NFTs) and the metaverse.
As a member of the CFTC’s Global Markets Advisory Committee (GMAC), I have the privilege of leading the NFT Working Group. The Digital Chamber is leading an effort to draft emerging practices for NFTs that we hope to have considered for formal recommendations to the Commodity Futures Trading Commission.
This is where you come in: In an effort towards transparency and inclusivity, we would like to invite the entire community to participate in shaping our emerging practices and recommendations for NFTs.
Today, we are making our draft report public and opening a comment period on our website. Following the closure of comments on April 26, 2024, The Digital Chamber will carefully review all feedback, integrate the relevant suggestions, and then present the finalized report to the NFT Working Group, and then the Digital Asset Markets Subcommittee for presentation to the full GMAC and the CFTC.
As one of the very first digital asset representatives to serve on the GMAC, I invite you to take advantage of this unique opportunity to help shape the blockchain policy landscape.
Your insights are invaluable to us, and we encourage you to share your feedback.
Sincerely, 
Perianne Boring
Founder and CEO,
The Digital Chamber
Start Date: April 5, 2024
End Date: April 26, 2024
About the GMAC and Advisory Committees
The GMAC was created to advise the Commodity Futures Trading Commission on issues that affect the integrity and competitiveness of U.S. markets and U.S. firms engaged in global business, including the regulatory challenges of a global marketplace that reflects the increasing interconnectedness of markets and the multinational nature of business. In June 2023, Commissioner Pham announced the leadership and membership of the GMAC and its subcommittees—the largest-ever single advisory committee initiative sponsored by the CFTC. Members include financial market infrastructures, market participants, end-users, service providers, and regulators.
There are five active Advisory Committees overseen by the CFTC. They were created to provide advice and recommendations to the Commission on a variety of regulatory and market issues that affect the integrity and competitiveness of U.S. markets. These committees facilitate communication between the Commission and market participants, other regulators, and academics. The views, opinions, and information expressed by the Advisory Committees are solely those of the respective Advisory Committee and do not necessarily reflect the views of the Commission, its staff, or the U.S. government.