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