Despite Trump’s pledge, a CBDC is being explored behind closed doors, says former CTFC chair

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

OttoTrader publishedMay 20, 2026, 3:48 PM

Original source timeMay 20, 2026, 9:45 AM

UpdatedMay 20, 2026, 3:48 PM

Source publicationCoinDesk

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Brief context

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What changed

The setup

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 Despite Trump’s pledge, a CBDC is being explored behind closed doors, says former CTFC chair

Why it matters

Trader relevance

Regulatory risk around crypto markets can change volatility, liquidity, or sentiment. The concrete detail to watch is 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

Trading lens

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Use this as watchful context from coindesk.com. Watch whether despite Trump’s pledge, a CBDC is being explored behind closed doors, says former CTFC chair confirms momentum, invalidates active bias, or changes timing.

Themes

Regulation

Source: CoinDesk on coindesk.com.

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