The World Economic Forum’s (WEF) upcoming Davos Agenda will feature two separate sessions on cryptocurrency, offering another compelling sign that digital assets have permeated mainstream consciousness.
Davos Agenda is a five-day summit featuring some of the world’s leading figures in finance and government. The cryptocurrency series falls under the summit’s “Fairer Economies” theme. Other themes include “Tech for Good,” “How to Save the Planet” and “Healthy Futures.”
It has been reported that the sessions, titled “Resetting Digital Currencies” is happening today and will be held on Thursday, as the first session is featuring five public speakers, including Bank of England Governor Andrew Bailey and Hikmet Ersek, the President and CEO of Western Union.
However, Thursday’s group features four speakers, including Tharman Shanmugaratnam, a Senior Minister for the Government of Singapore, and Zhu Min, the Chairman of the Beijing-based National Institute of Financial Research.
The prospectus for both sessions reads:
“COVID-19 has accelerated the long-term shift from cash. Meanwhile, central bank digital currencies are emerging, potentially transforming how people use money worldwide.”
“What policies, practices and partnerships are needed to leverage the opportunities posed by the rise of digital currencies?”
According to the report, the World Economic Forum is devoting more resources to understanding blockchain technology and cryptocurrency.
Thus, the Geneva-based organization has even created a cryptocurrency working group, which only last month published its inaugural review focusing on the various use cases for digital assets “beyond price and speculation.”