Overview
- The CFTC said Tuesday it is rolling out AI to review crypto registration applications, auto‑flag blank or vague answers, and push incomplete filings to the back of the line.
- Staff are being trained on Microsoft Copilot for the first time, with new in‑house tools built to sift swap and trading data and help analysts spot suspicious activity.
- Chair Mike Selig framed the tech push as a direct response to losing more than a fifth of the agency’s workforce since 2024, with AI meant to speed reviews and uphold scrutiny.
- The agency is pressing an aggressive stance on prediction markets, which let people trade on outcomes of events, suing states such as New York over who regulates the sector and pursuing insider‑trading cases with the DOJ.
- Selig pointed to a joint digital‑asset taxonomy with the SEC as key guidance that clarifies which rules apply to different tokens and supports future fraud and manipulation cases even before new formal rules arrive.