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<p><span>Carolyn Wilkins talks about ways in which the crypto ecosystem can help reimagine governance. However, the models we see today may not be as decentralised as they might appear. To build trust, she encourages the crypto industry to build best practices in governance, codes of conduct, and set high expectations for transparency.</span></p>

<p><span>In recent years, regulators and central banks have become increasingly focussed on &lsquo;crypto&rsquo;. No meeting of the international regulatory or central banking community takes place without a discussion of some aspect of the financial products, services and technologies that have come to be labelled &lsquo;crypto&rsquo;.</span></p>

<p><span>The Bank's Court of Directors acts as a unitary board, setting the organisation's strategy and budget and taking key decisions on resourcing and appointments. Required to meet a minimum seven times per year, it has five executive members from the Bank and up to nine non-executive members.</span></p>