CoinWorld News reports that the Office of the Chief Compliance Officer of the U.S. Commodity Futures Trading Commission (CFTC) listed cryptocurrency asset regulation as the top management and performance risk for the 2026 fiscal year. The report states that the pending cryptocurrency legislation could significantly expand the responsibilities of the CFTC, which is currently facing staffing shortages and internal pressures. Data shows that the number of full-time employees at the CFTC has decreased from approximately 708 at the end of the 2024 fiscal year to about 556 a year later, a decline of 21.5%. The Chief Compliance Officer warned that fulfilling the expanded functions will require hiring more staff, building technical expertise, and developing new data systems. Kronos Research Chief Investment Officer Vincent Liu stated that the responsibilities and resources of the CFTC are not designed for decentralized spot markets, and effective regulation will require targeted legal expansion and a hybrid framework.
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Chief of the U.S. Commodity Futures Trading Commission warns: workforce reduction poses challenges for crypto regulation
CoinWorld News reports that the Office of the Chief Compliance Officer of the U.S. Commodity Futures Trading Commission (CFTC) listed cryptocurrency asset regulation as the top management and performance risk for the 2026 fiscal year. The report states that the pending cryptocurrency legislation could significantly expand the responsibilities of the CFTC, which is currently facing staffing shortages and internal pressures. Data shows that the number of full-time employees at the CFTC has decreased from approximately 708 at the end of the 2024 fiscal year to about 556 a year later, a decline of 21.5%. The Chief Compliance Officer warned that fulfilling the expanded functions will require hiring more staff, building technical expertise, and developing new data systems. Kronos Research Chief Investment Officer Vincent Liu stated that the responsibilities and resources of the CFTC are not designed for decentralized spot markets, and effective regulation will require targeted legal expansion and a hybrid framework.