The CFTC is expanding AI use and launching an Innovation Task Force as it oversees fast-growing crypto and prediction markets amid staff constraints and unresolved federal jurisdiction debates.
The Commodity Futures Trading Commission is developing artificial intelligence tools to review registration applications for crypto and other market participants, according to CFTC Chair Mike Selig, while also expanding internal systems for swap-data analysis and market surveillance. New reporting adds that the agency is turning to these tools as crypto and prediction markets grow, staff levels shrink, and federal jurisdiction questions remain in focus amid the CLARITY Act. The CFTC is also establishing a new Innovation Task Force, extending its technology-driven approach to oversight beyond filing reviews and internal analytics.