CFTC Chairman Selig Highlights AI's Role in Mitigating Staffing Cuts Amid Expanded Crypto and Prediction Market Oversight
The U.S. Commodity Futures Trading Commission is leveraging artificial intelligence and automation to cope with significant new responsibilities, including the regulation of cryptocurrency and prediction markets, according to testimony from Chairman Mike Selig. Despite a substantial decline in the agency's workforce, Selig emphasized that AI tools, such as Microsoft's Copilot, are being integrate…
April 16, 2026, 4:50 p.m.