In an exclusive interview with CoinDesk, CFTC Chair Michael Selig confirmed that his agency will use artificial intelligence review crypto registration applications and surveil crypto markets.

What’s the Scoop?

• Automated Regulation: Guided by Chair Selig, the Commodity Futures Trading Commission (CFTC) is increasing its adoption of automation, building artificial intelligence can systems to review crypto registration applications and monitor trading activity. These tools will be capable of flagging, filtering, and deprioritizing applications, potentially pushing incomplete or “non-compliant” submissions to the back of the line without human review.

• Staffing Cuts: Staffing levels at the CFTC have been reduced by about…