Davos 2020: Awaited Regulations, Unexpected Enthusiasm, New Challenges
Lastly, in comparison to WEF 2019, where the crypto industry at large was at the receiving end of a lot of flak — with people like PayPal CEO Dan Shulman and JPMorgan Chase CEO Jamie Dimon bashing digital currencies for their perceived nonutility — this year’s event has seen a marked difference in how a number of high-profile individuals and companies have begun to view cryptocurrencies and its underlying technology — i.e., blockchain. Experts remain divided on recent crypto-related developments
Even though the WEF appears to have become increasingly more inclusive in its approach toward the crypto sector on paper, a number of experts believe that despite emerging technologies such as blockchain and artificial intelligence finally getting the recognition they deserve, most of the talk surrounding crypto in Davos has been about nation-states and central banks issuing their own digital currencies — an idea that a lot of people believe is self-defeating.
Comparing previous WEFs in regard to crypto
On the subject of how this year’s blockchain agenda in Davos compared to ones from previous years, Daniel Haudenschild, the president of the Crypto Valley Association, told Cointelegraph”
“I think the level of discussions is healthy. CV Summit, TechPark and other side-events draw massive crowds
In addition to all of the activities taking place as part of the WEF’s core agenda this past week, many other satellite events were also in full swing at the same time — with perhaps the largest of these being the Crypto Valley Week, a series of events organized by CV Labs.
