As more governments consider issuing their own central bank digital currencies, what are the benefits and challenges to this change in global fiscal and monetary policy? The policy and political debate about central bank digital currencies (CBDCs) is gaining traction and consultations are multiplying. The Bank for International Settlements (BIS) has published a roundup of motives, economic implications, and the research frontier together with suggested areas for further work for those central...By: Thomson Reuters Regulatory Intelligence and.