From Concept to Reality: The Journey of CBDC Creation In the dynamic world of banking and finance, the rise of Central Bank Digital Currencies (CBDCs) heralds a significant transformation, marking the advent of a new digital financial era. This volume, the fifth in the CBDC NOW Handbook series, establishes a foundation for an in-depth analysis of the legal changes required in the age of digital currencies. It invites policymakers, legal professionals, financial experts, and scholars to engage in this crucial dialogue, aiming to integrate digital and traditional financial systems into a cohesive and robust legal framework tailored for the digital economy. As countries navigate the integration of their CBDCs into existing financial frameworks, they face a range of legal and regulatory hurdles. This volume seeks to unpack these complexities, offering a detailed examination that merges legal concepts with actionable insights. In this edition, we explore the vast legal nuances associated with deploying and assimilating CBDCs into the financial ecosystem. Issues such as privacy, cybersecurity, the effects on conventional banking infrastructures, and the dynamics of international financial transactions are scrutinized, with the goal of constructing a legal structure that is resilient, adaptable, and visionary. The evolution of CBDCs from theoretical models to practical implementations necessitates an in-depth review of both legal and regulatory terrains. This endeavor extends beyond mere economic or technological initiatives, representing a significant legal undertaking that engages with essential principles of financial governance, privacy rights, and global collaboration. In closing, we extend our gratitude to the global digital assets and blockchain team at Clyde & Co for their contributions and insights in the preparation of this volume.