CFTC Adopts Nasdaq Surveillance Tech for Crypto Market Oversight
The U.S. Commodity Futures Trading Commission (CFTC) is modernizing its regulatory toolkit by integrating Nasdaq's real-time market surveillance technology. This upgrade enables 24/7 monitoring of cryptocurrency markets, addressing the speed and complexity of digital asset trading.
Nasdaq's platform provides advanced analytics to detect manipulation, fraud, and insider trading across both traditional and crypto markets. The move reflects Acting Chair Caroline Pham's push to transform the CFTC into a regulator capable of handling 21st-century financial markets.
The adoption marks a significant departure from the CFTC's 1990s-era systems, positioning the agency to better oversee fast-moving crypto transactions where timing is critical. This technological leap comes as digital assets increasingly intersect with mainstream finance.