CFTC's AI will review U.S. crypto registration applications, chairman tells CoinDesk

The CFTC is deploying AI to review crypto registration applications and monitor trading data, addressing staffing cuts under Trump's administration. Chairman Mike Selig emphasized the agency's commitment to crypto oversight, highlighting joint SEC guidance establishing a digital-asset taxonomy. The regulator will enforce rules against fraud and manipulation in crypto markets, signaling aggressive enforcement in prediction markets where bad actors face consequences.