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JUST IN: 🇺🇸 CFTC Chairman Mike Selig says there will never be a CBDC under President Trump "It is a policy of this administration to prevent a central bank digital currency from coming to fruition."

CFTC Chairman Mike Selig said the Trump administration will prevent a central bank digital currency from being created, stating it is policy to ensure no CBDC will be launched.

Published:

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What happened

CFTC Chairman Mike Selig said the Trump administration will prevent a central bank digital currency from being created, stating it is policy to ensure no CBDC will be launched.

Confirmed

Global impact / market context

Without a U.S. CBDC, existing crypto and fintech firms face fewer regulatory disruptions, preserving current business models and keeping investor capital in private digital assets rather than shifting to a government‑issued token.

Analyst inference

The United States has been debating a central bank digital currency, but recent statements from the CFTC suggest the current administration opposes it, keeping the regulatory landscape unchanged for now.

Analyst inference

What to watch

  1. Any formal policy documents from the Treasury or Federal Reserve confirming the anti‑CBDC stance, which would solidify regulatory certainty for crypto firms. Proposed
  2. Legislative proposals that could override the administration’s position, as Congress may still pursue a CBDC through separate bills. Analyst inference
  3. Market reaction of major cryptocurrency exchanges and custodians, watching for shifts in investment flows if a CBDC is definitively ruled out. Analyst inference

Evidence