News
Public · Published
No CBDC for U.S.: CFTC Chair Confirms Trump Policy Stance
CFTC Chair Rostin Selig said a U.S. CBDC is "not going to happen" under the Trump administration, confirming the administration's policy stance against creating a digital dollar.
Published:
Updated:
What happened
CFTC Chair Rostin Selig said a U.S. CBDC is “not going to happen” under the Trump administration, confirming the administration’s policy stance against creating a digital dollar.
Confirmed
Global impact / market context
A U.S. CBDC would affect how banks, payment firms, and fintechs handle transactions, potentially reshaping the financial system’s infrastructure and influencing the demand for existing digital assets.
Confirmed
The United States is debating a digital version of its currency, but the current administration has signaled it will not pursue a central bank digital currency (CBDC).
Confirmed
What to watch
- Any future statements from the Treasury or Federal Reserve that might signal a policy shift toward a digital dollar. Analyst inference
- Legislative proposals that could mandate research or pilot programs for a U.S. CBDC, which would indicate congressional interest. Analyst inference
- Developments in other countries’ CBDC projects, as global progress could pressure U.S. policymakers to reconsider their stance. Analyst inference