Timothy Massad, former chair of the CFTC (U.S. derivatives regulator), said the United States is examining a central bank digital currency despite public opposition.
Former CFTC (U.S. derivatives regulator) Chair Timothy Massad said the United States is still exploring a CBDC (central bank digital currency) behind closed doors despite public opposition. The statement points to continued official interest in a digital form of sovereign money, even as the issue remains politically sensitive in the United States.