US Crypto Regulatory Body to Leverage AI for Application Reviews

The US Commodity Futures Trading Commission, known for its proactive approach to digital assets, is now exploring the potential of artificial intelligence to compensate for a significant reduction in its workforce. In an interview with CoinDesk, Chairman Mike Selig discussed the agency's plans to utilize AI and automation to streamline its operations, particularly in the review of registration applications and market surveillance, following substantial staff cuts under the current administration's efforts to reduce federal staffing.