US Treasury talks up CBDC prospects, but still a ‘long way to go’

By John Hintze
Nellie Liang
Nellie Liang. Image: Getty Images

A recent speech from a senior Treasury official talked extensively about the potential development of a US central bank digital currency, but industry experts suggest there is more to this apparent CBDC enthusiasm than meets the eye.

On March 1, Nellie Liang, undersecretary for domestic finance at the US Treasury, ...

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