PANews reported on April 28th, citing CoinDesk , that Mike Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), stated that the agency is developing artificial intelligence tools to review registration applications from participants in crypto and other markets and to assist in market oversight. In the current process, which is still largely based on manual submissions, AI will automatically identify applications with incomplete information, insufficient descriptions, or obvious errors, rejecting them or placing them in the back of the queue, while also highlighting key information for staff. The CFTC is training staff to use Microsoft Copilot and is developing its own internal tools for analyzing swap data and conducting market monitoring. Selig stated that, building on the crypto asset “classification guidance” issued with the SEC , the CFTC will strengthen enforcement against fraud, manipulation, and insider trading in the crypto market and take action against participants suspected of abusing insider information in the prediction market sector.