Despite Trump’s Pledge, a CBDC Is Being Explored Behind Closed Doors, Says Former CTFC Chair
7 Articles
7 Articles
Despite Trump’s pledge, a CBDC is being explored behind closed doors, says former CTFC chair
Publicly, the U.S. has fiercely opposed a Central Bank Digital Currency, but former CFTC Chairman Timothy Massad said it is inevitable and there will be one sooner or later.
Massad Says U.S. CBDC Work Continues Behind Closed Doors Despite Trump Ban
Former CFTC Chair Timothy Massad said U.S. officials are still exploring CBDC-style infrastructure behind closed doors, despite President Donald Trump’s executive order blocking federal agencies from developing or promoting a central bank digital currency. Massad made the comments during CoinDesk’s Digital Money Summit in London, where he argued that a government-backed digital dollar or central bank-backed settlement asset remains difficult for…
US officials quietly study CBDC infrastructure despite Trump opposition, says former CFTC chief
Despite public opposition, US exploration of CBDC infrastructure suggests inevitable adaptation to global digital finance trends. The post US officials quietly study CBDC infrastructure despite Trump opposition, says former CFTC chief appeared first on Crypto Briefing.
Fed Is Still Exploring a CBDC Amid Trump’s Ban
The Federal Reserve’s notice and an ex-CFTC chair revealed that the US hadn’t given up on its CBDC dream just yet. The US Federal Reserve’s official website indicates that it’s still exploring a Central Bank Digital Currency (CBDC). Timothy Massad, former chairman of the Commodity Futures Trading Commission (CFTC), also confirmed during an event that the government has remained a participant in a major CBDC project. The Prevailing CBDC Ban As ea…
What should be remembered: Timothy Massad, former President of the CFTC, claims that an American Central Bank Digital Currency (CBDC) is inevitable and that the subject is being explored behind the scenes in Washington despite Trump's public opposition. The United States is participating in the Bank for International Settlements (BRI) Project Agora, a seven-bank central bank program on tokenized settlement infrastructure. Fed official Mark Gould…
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