CFTC Adopts Nasdaq Surveillance for Crypto Market Oversight
The U.S. Commodity Futures Trading Commission (CFTC) is modernizing its market surveillance capabilities by integrating Nasdaq's advanced monitoring system. The move, confirmed on August 27, replaces outdated 1990s-era tools with technology designed for today's 24/7 digital asset markets.
Growing market complexity and round-the-clock trading have exposed gaps in the CFTC's ability to detect manipulation across cryptocurrencies, derivatives, and commodities. Nasdaq's platform—already used by 50+ exchanges and 20 regulators globally—will provide real-time order book analysis, automated alerts, and transaction-level visibility.
This upgrade reflects regulatory acknowledgment that crypto markets require specialized surveillance. The CFTC's action signals institutional recognition of digital assets as a permanent fixture in global finance, necessitating professional-grade oversight mechanisms.