Crypto World News reports that Mike Selig, Chairman of the U.S. Commodity Futures Trading Commission, stated that although the CFTC's staff has been reduced by about a quarter since 2025, the agency is operating more efficiently in monitoring and investigations through the introduction of AI and automation technologies. Mike Selig confirmed that the CFTC is conducting multiple investigations into prediction markets to address insider trading, fraud, and market manipulation, and he emphasized that the agency maintains a zero-tolerance policy toward illegal market activities. Additionally, the Senate is advancing the Digital Asset Market Transparency Act, which aims to place the CFTC at the center of regulation for non-security cryptocurrency trading, including assets like Bitcoin and ETH.

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