The U.S. Commodity Futures Trading Commission (CFTC) is integrating financial surveillance tools developed by the stock exchange company Nasdaq to comprehensively reform its infrastructure from the 1990s.
Nasdaq's Head of Regulatory Strategy and Innovation, Tony Sio, told Cointelegraph that Nasdaq's software focuses on detecting market abuse behaviors, including insider trading activities and market manipulation in both stock and cryptocurrency markets. He stated:
Sio mentioned that the data input into the monitoring system will be "obtained through the CFTC's regulatory authority."
Financial surveillance remains a hot topic in the cryptocurrency space, with privacy advocates arguing that monitoring creates conditions for a digital "prison," while others believe that anti-money laundering technologies are necessary for institutional adoption of cryptocurrencies.
The U.S. Treasury is exploring the possibility of requiring digital identity checks to be embedded in decentralized finance (DeFi) smart contracts to combat illegal fund flows.
Combating illegal finance is one of the directives given in the White House's July cryptocurrency report, which also includes proposals for the taxation and market structure of U.S. digital assets.
The White House report suggests that the Treasury and the National Institute of Standards and Technology (NIST) develop additional Know Your Customer (KYC) parameters for digital assets.
The report also recommends revising existing NIST digital identity guidelines and comprehensively reforming identity credentialing tools.
Critics of these proposals argue that adding such tools to DeFi protocols contradicts the core principle of permissionless, decentralized architecture.
Mamadou Kwidjim Toure, CEO of the investment platform Ubuntu Tribe, told Cointelegraph: "If you transform a neutral, permissionless infrastructure into one controlled by government-approved identity credentials, it fundamentally changes the essence of DeFi."
Related: The Federal Reserve's first-ever! Trump's dismissal of a board member triggers dual shocks in law and capital markets.
Original text: “CFTC Integrates Nasdaq Financial Surveillance Tools to Combat Market Manipulation”
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
