The US Department of the Treasury is looking into privacy behind the potential of a future retail central bank digital currency, a Treasury official said on Tuesday. A retail CBDC has pros and cons, said Graham Steele, assistant secretary for financial institutions at US Treasury, on Tuesday at the Transform Payments US 2023 Conference in Texas. One challenge of a retail CBDC could be privacy, Steele said. ... Read More: The US Treasury Is Looking Into Privacy in Studying the Potential of a CBDC, Official Says
