CFTC Chair Selig Urges Framework Adaptation For Autonomous AI Trading Agents
Photo: Crypto Economy
TL;DR Michael Selig, Chairman of the CFTC, warned that existing financial regulations do not adequately address AI agents. The regulator raised questions about developers’ legal liability, registration requirements, and identifying the users behind automated transactions. Selig noted that AI could make trading and risk management more accessible, but also warned about the possibility of simultaneous ... Read more
Source: Crypto Economy
