CFTC Taps AI to Streamline Crypto Registrations and Expand Market Surveillance
The Commodity Futures Trading Commission (@CFTC) is rolling out artificial intelligence to speed up cryptocurrency registration reviews and strengthen monitoring of global trading activity. Chairman Mike Selig (@MichaelSelig) said the agency is using Microsoft Copilot along with proprietary in-house tools to help absorb a 20% cut in federal staffing levels. The initiative follows newly issued joint taxonomy guidance with the SEC, aimed at providing clearer, definitive classifications for digital assets.