US CFTC Chairman: The US Will Never Launch a Central Bank Digital Currency.
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According to ChainCatcher, Mike Selig, chairman of the U.S. Commodity Futures Trading Commission (CFTC), stated on the X platform that the U.S. will never launch a central bank digital currency under the supervision of the U.S. President's Working Group on Digital Asset Markets.
No CBDC for U.S.: CFTC Chair Confirms Trump Policy Stance
Key Takeaways Selig said a U.S. CBDC is “not going to happen” under the Trump administration. He tied the position to Trump’s digital-assets executive order and the President’s Working Group report. The stance gives more political room to private digital-money rails, especially regulated stablecoins. The important point is not only that CFTC Chairman Michael Selig criticized central bank digital currencies. The bigger signal is that the Trump a…
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