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Cryptocurrency forms the Davos Agenda of the World Economic Forum

Sessions dedicated to "resetting digital currencies" are expected for the Davos Agenda this week.

The forthcoming Davos Agenda of the World Economic Forum will feature two independent cryptocurrency sessions, providing another compelling sign that digital assets have reached public understanding.

On Monday 25th and Thursday 26th, the workshops, titled Resetting Digital Currencies, will be held. Five public speakers will be included in the first session, including Governor Andrew Bailey of the Bank of England and Western Union President and CEO Hikmet Ersek.

According to cointelegraph.com, four speakers will be in Thursday’s group, including Tharman Shanmugaratnam, Senior Minister for the Government of Singapore, and Zhu Min, Chairman of the Beijing-based National Financial Research Institute.

“COVID-19 has accelerated the long-term shift from cash,” reads the prospectus for both meetings. “Meanwhile, central bank digital currencies are emerging, potentially transforming how people use money worldwide.”

The Davos Agenda is a five-day summit that will host some of the world’s top financial and government leaders. The cryptocurrency sequence comes under the “Fairer Economies” theme of the summit. “Tech for Good,” “How to Save the Planet” and “Healthy Futures” are other themes.

The World Economic Forum devotes further resources to the awareness of blockchain and cryptocurrency innovations. A cryptocurrency working group has also been formed by the Geneva-based foundation, which just last month released its inaugural review focusing on the different usage cases for digital assets “beyond price and speculation.”

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