【U.S. CFTC Plans to Adopt Nasdaq Monitoring System to Expand Cryptocurrency Regulation】Golden Finance reports that the U.S. Commodity Futures Trading Commission (CFTC) issued a statement today saying it will adopt Nasdaq's monitoring system to expand cryptocurrency regulation, aiming to protect the market from fraud, abuse, and manipulation. If Congress passes the legislation currently under consideration in both chambers, the CFTC's role in cryptocurrency regulation could significantly expand. CFTC Acting Chair Caroline Pham stated that the new monitoring system will provide the agency with automatic alerts and 'cross-market analysis' capabilities, including access to comprehensive order book data to support real-time analysis and decision-making, preventing and detecting abuses in both traditional and cryptocurrency asset markets. The CFTC is also preparing for the growth of the cryptocurrency market. Earlier this month, the CFTC launched the 'Crypto Sprint' initiative, focusing on cryptocurrency futures trading and recommendations from the Presidential Working Group on Digital Assets.