US CFTC Chair Selig Highlights AI's Role in Offseting Staffing Cuts Amidst Crypto and Prediction Market Oversight
The US Commodity Futures Trading Commission is embracing artificial intelligence to enhance its regulatory capabilities, particularly in the areas of cryptocurrency and prediction markets, according to Chairman Mike Selig's congressional testimony. Despite a significant decline in the agency's workforce under the Trump administration, with about a quarter of staff leaving since 2025, the CFTC is …
April 16, 2026, 4:50 p.m.