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

The Commodity Futures Trading Commission (CFTC) is set to utilize artificial intelligence (AI) to review cryptocurrency registration applications in the U.S., according to Chairman Rostin Behnam. This initiative aims to streamline the application process and enhance regulatory efficiency. The CFTC's AI system will analyze data and assist in identifying potential compliance issues. Behnam emphasized the importance of adapting to technological advancements in the rapidly evolving crypto landscape. The move reflects the agency's commitment to fostering innovation while ensuring regulatory oversight.

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