CBDCs will have a profound effect on the financial markets, and policy-makers must thoroughly consider the complex legal and regulatory issues.
Latham & Watkins lawyers are pleased to have contributed to the World Economic Forum’s CBDC Policy-Maker Toolkit. This resource is designed to provide a high-level decision framework to policymakers who are considering designing and deploying central bank digital currency (CBDC), a new form of digitized sovereign currency. Implementing a CBDC is a complex undertaking, and any CBDC deployment should take into account alternative solutions, risks, deployment and governance strategies, multi-stakeholder input, and other critical factors. The CBDC Policy‑Maker Toolkit offers policy-makers key guidance and information, including legal and institutional factors to be considered as part of any comprehensive CBDC analysis. Continue Reading