JUST IN: 🇺🇸 CFTC Chairman Mike Selig says the US "will never" have a CBDC under President Trump.

What happened

CFTC Chairman Mike Selig said the United States will never have a central bank digital currency (CBDC) while Donald Trump is president.

Proposed

Global impact / market context

If the U.S. does not pursue a CBDC, crypto firms may face less direct competition from a government‑issued digital dollar, potentially supporting demand for private digital assets and influencing regulatory focus on existing crypto markets.

Analyst inference

Globally, many central banks are researching or piloting CBDCs, creating a competitive landscape. The U.S. stance, as voiced by a senior regulator, signals a divergent approach that could affect international digital‑currency coordination and investor expectations.

Analyst inference

What to watch

1. Any official statements or policy papers from the Treasury or Federal Reserve that confirm or contradict the chairman’s view, which would clarify the U.S. regulatory direction on digital currencies. Analyst inference
2. Legislative activity in Congress related to digital assets, especially bills that could mandate a U.S. CBDC or set limits on its development. Analyst inference
3. Market reaction of major cryptocurrency exchanges and blockchain firms, watching for changes in trading volumes or investment plans that reflect confidence in a non‑CBDC U.S. environment. Analyst inference

Evidence

• x.com