The development of Central Bank Digital Currencies (CBDCs) – a digital representation of fiat money issued by a central bank – has been accelerated by Covid-19 and the resulting shift to digital payments, as well as the ongoing regulatory concern around proposed private global stablecoins such as Facebook’s Diem (formerly Libra). In this session, our international panel considered the different approaches being taken by central banks globally, including the digital euro, renminbi and dollar, what practical adoption of CBDCs may look like and the legal structures that might be employed, and the consequences for businesses.