Ex-CFTC Head Says Digital Dollar Is Inevitable in US

Before returning to office, President Donald Trump promised to outlaw central bank digital currencies (CBDCs). But Timothy Massad , former chairman of the Commodity Futures Trading Commission (CFTC), told CoinDesk Tuesday (May 19) that the market could overrule the White House. Global market dynamics make a digital dollar inevitable, Massad said during the Digital Money Summit 2026 in London.