CFTC chair Mike Selig says U.S. will never launch a CBDC
The comment, made July 8 under the U.S. president’s digital asset markets working group oversight, signals firm opposition to a central bank digital currency.
Fact Check
The primary source — Mike Selig's verified X account @ChairmanSelig — directly states on July 8, 2026, 'Under our watch, there will never be a US CBDC,' framed within the President's Working Group on Digital Asset Markets. This matches the claim precisely in author, date, oversight context, and substance. The BlockBeats flash corroborates and cites the same post.
Summary
CFTC (U.S. derivatives regulator) Chairman Mike Selig said on July 8 that the United States will never introduce a CBDC (central bank digital currency), framing the position as falling under the oversight of the U.S. president’s digital asset markets working group. The remark points to a hard line against a state-issued digital dollar at a time when digital asset policy remains a key regulatory and political issue.
Terms & Concepts
- CFTC: U.S. regulator overseeing derivatives markets
- CBDC: Digital form of a country’s fiat currency