Catenaa, Thursday, August 27, 2025-The US Commodity Futures Trading Commission said Wednesday it will deploy Nasdaq’s market surveillance technology as it prepares for an expanded role in regulating digital assets.
Acting Chair Caroline Pham said the program will equip the agency with automated alerts, cross-market analytics and real-time order book data to detect fraud, abuse and manipulation.
“It’s critical that the CFTC stays ahead of the curve,” Pham said in a statement.
The move comes as the agency rolls out its “Crypto Sprint” initiative and Congress weighs legislation that could significantly expand its powers.
The Clarity Act, still pending, would grant the CFTC jurisdiction over blockchain-based commodities and require registration of exchanges, brokers and dealers.
The adoption of Nasdaq’s technology underscores the regulator’s push to strengthen oversight amid surging crypto volumes.
But leadership gaps remain, with only Pham set to stay in place until a new chair is confirmed.
The CFTC said the new surveillance system will allow it to scale oversight rapidly during periods of heightened volatility, a key step as lawmakers and markets look to the regulator to take the lead in policing digital assets.
