U.S. CFTC’s Selig says AI has helped make up for staffing cuts at key crypto watchdog

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Crypto News

The U.S. Commodity Futures Trading Commission is leaning into artificial intelligence and automation as it faces massive new oversight responsibilities, according to congressional testimony from Chairman Mike Selig, even as his agency’s workforce has declined significantly under the administration of President Donald Trump. About a quarter of the CFTC’s staff has left since 2025, under […]

U.S. Derivatives Watchdog Weighs 24/7 Action With Crypto Oversight on Horizon

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Crypto News

Bitcoin is the crypto sector’s top asset and is also universally defined by U.S. regulators and courts as a commodity, putting it under the jurisdiction of the Commodity Futures Trading Commission. That agency is now seeking public comments on whether it should open the wider world of derivatives to around-the-clock trading, as already executed for […]