CFTC Chairman Selig Highlights AI's Role in Mitigating Staffing Cuts Amid Expanding Crypto and Prediction Market Oversight
The Commodity Futures Trading Commission is embracing artificial intelligence and automation to enhance its regulatory capabilities, according to testimony from Chairman Mike Selig, as the agency navigates significant staffing reductions and expanded responsibilities in the crypto and prediction markets. Since 2025, the CFTC has experienced a substantial decline in its workforce, with about a qua…
April 16, 2026, 4:50 p.m.