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The US CFTC plans to expand cryptocurrency regulation with a Nasdaq monitoring system

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2025-08-27 15:19:05
The US Commodity Futures Trading Commission (CFTC) said in a statement today that it will use Nasdaq's monitoring system to expand cryptocurrency regulation to protect the market from fraud, abuse and manipulation. If Congress passes legislation currently under consideration in both houses, the CFTC's role in cryptocurrency regulation could expand significantly.
Caroline Pham, acting chairperson of the CFTC, said the new monitoring system will provide the agency with automated alerts and "cross-market analysis" capabilities, including access to comprehensive order book data, to support real-time analysis and decision-making, and to prevent and detect abuse in both traditional and crypto asset markets. The CFTC has also spent time preparing for the growth of cryptocurrency markets. Earlier this month, the CFTC launched its "Crypto Sprint" program, which focuses on crypto futures trading and recommendations from the President's Digital Asset Markets Task Force.
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