US officials quietly study CBDC infrastructure despite Trump opposition, says former CFTC chief
US officials are exploring the infrastructure for a Central Bank Digital Currency (CBDC) despite public opposition. Timothy Massad, a former CFTC chairman, noted that these efforts are taking place behind the scenes. The Federal Reserve has acknowledged that any digital dollar would ultimately fall under its oversight.
- ▪US officials are privately examining CBDC-related infrastructure while publicly opposing a digital dollar.
- ▪Timothy Massad stated that the US is involved in international efforts related to digital settlement infrastructure.
- ▪The Federal Reserve has not endorsed a CBDC but recognizes that it would be under its oversight.
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US officials quietly study CBDC infrastructure despite Trump opposition, says former CFTC chief Political opposition may not be enough to stop the US from eventually adopting blockchain-based central bank settlement infrastructure. Share Add us on Google by Vivian Nguyen May. 20, 2026 Washington may publicly reject a Central Bank Digital Currency (CBDC), but quiet efforts to explore the framework for one are already underway, according to Timothy Massad, former chairman of the US Commodity Futures Trading Commission (CFTC). Speaking at the Digital Money Summit 2026 in London, Massad said authorities are privately examining CBDC-related infrastructure while publicly maintaining opposition to a digital dollar.
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