US Assistant Secretary of the Treasury "Research on digital dollar privacy guarantee measures"

According to CoinDesk, U.S. Assistant Secretary of the Treasury Graham Steele said, “The U.S. has not yet decided whether to pursue a CBDC. We are aligned, but we are also wary of the risks of CBDC.” “When designing a retail CBDC, you should actively explore the application of technologies such as privacy-enhancing technology (PET) that enables privacy and anonymity protection. These technologies maintain transaction privacy while providing transparency and traceability. “However, there are also potential risks of retail CBDCs. The recent turmoil in the US banking sector has shown that the technology that enables deposit movement is getting faster. This magnifies various risks.

#CBDC #U.S. #PET #Binance #BNB