The Chairman of the U.S. Commodity Futures Trading Commission (CFTC), Mike Selig, announced efforts to develop more suitable regulatory frameworks for emerging sectors such as crypto assets, artificial intelligence, and prediction markets. The CFTC is also actively recruiting talent in technology and market fields to support these initiatives, aiming to enhance the agency's capability to manage and oversee these innovative areas effectively.
CFTC Chairman Advocates for Tailored Regulations in Crypto and AI
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