This session will examine the legal frameworks and regulatory considerations surrounding the implementation of central bank digital currencies (CBDCs). We will discuss potential benefits such as enhanced financial inclusion and payment efficiency, alongside risks including financial stability and privacy concerns. The impact of CBDCs on traditional banking systems will be explored, as well as challenges in cross-border regulation. Participants will review global approaches to CBDC regulation and consider the future landscape of digital currency governance, offering a legal perspective on this transformative innovation in the monetary system.