**Crypto Regulation Stalls, CFTC Chair Says Agency "Handcuffed"**

CFTC Chair Rostin Behnam expressed frustration over stalled crypto regulation talks in the U.S. during the SIFMA annual meeting in New York. Behnam noted that without legislative support, the CFTC is "handcuffed" in its efforts to police the crypto market, leaving investors vulnerable.

Despite the current gridlock, Behnam remains hopeful that a new Congress and president could push forward meaningful regulation. He emphasized the need for a framework to protect customers and integrate digital assets into traditional finance.

Additionally, Behnam revealed that the CFTC is leveraging AI to monitor markets, aiming to detect manipulation and cyberattacks more effectively. This tech-driven approach could reduce enforcement cases and enhance compliance. The U.S. Treasury also reported using AI to recover $4 billion in fraud and improper payments in fiscal 2024.