The CFTC is now using AI to review crypto applications because they got gutted

the CFTC deployed AI to review crypto registrations after losing 20% of staff. yo thats not progress, thats desperation. the agency overseeing crypto derivatives is now letting algorithms decide approvals while polymarket launches, aave runs $300M recovery, and layerzero pledges $23M. DeFi’s bleeding and the regulator watching it is just leaving everything up to AI slop.

the agency responsible for overseeing the biggest derivative markets in crypto is now using machine learning to decide which protocols get approved. machine learning that probably has the same biases as whoever trained it. machine learning that nobody audited because the CFTC doesn’t have budget for anything.