The battle over digital money is one of the most important financial fights happening in Washington today — and chairman of the Commodity Futures Trading Commission Michael Selig is sounding the alarm.
“We saw the crackdown under the Biden administration, all the de-banking and the attacks really on the crypto industry, and Bitcoin’s continued to survive and thrive. And of course, it’s been volatile, but it’s held up as a decentralized currency,” Selig tells Blaze Media co-founder Glenn Beck.
“It’s something that is censorship-resistant, something that the government can’t confiscate,” he adds.
“Are we passing anything that’s saying that cryptocurrency can never become a central bank digital currency? Are you concerned about that at all?” Glenn asks.
“I’m very concerned about central bank digital currencies, and we in the
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