CFTC Adopts Nasdaq Surveillance Tech to Monitor Crypto Markets
The Commodity Futures Trading Commission is deploying Nasdaq's market surveillance technology to enhance oversight of cryptocurrency and traditional markets. The move aims to detect fraud and manipulation across asset classes as digital assets increasingly integrate into mainstream finance.
Acting CFTC Chair Caroline D. Pham emphasized the need for regulators to stay ahead of technological evolution. The new system will provide automated alerts and cross-market analytics for all CFTC divisions, marking a significant upgrade in surveillance capabilities.
This initiative reflects broader U.S. regulatory efforts to bring cryptocurrency markets under established financial oversight frameworks. The adoption of institutional-grade monitoring tools signals growing recognition of digital assets' maturation.