CFTC Chair Mike Selig Says U.S. Will Never Launch a CBDC Under His Oversight

CFTC Chair Mike Selig said the U.S. President’s Working Group on Digital Asset Markets is fully aware of what he described as the dangers a central bank digital currency (CBDC) could pose to Americans, and he pledged that the United States would never introduce a CBDC under his oversight. According to Foresight News, Selig said the public does not want the government to monitor and censor their economic decisions.