Governance, Legal Ambiguity Key Hurdles for Central Bank Digital Currency Projects: BIS Chief

SEOUL, Nov. 23 (Korea Bizwire) — The chief of the Bank for International Settlements (BIS) said Thursday that governance and legal ambiguity should be solved on top of technical infrastructure advances for a step toward central bank digital currency projects. Many countries, including South Korea, have launched so-called central bank digital currency (CBDC) pilot programs [...]