Disclaimer: This article is being updated all day long. All timestamps are in the UTC time zone, with updates in reverse order (the latest update is placed at the top). The first in-person World Economic Forum event since the COVID-19 pandemic started continues to bridge traditional finance with the future of money on its third day. The Cointelegraph team — including editor-in-chief Kristina L. Corner, head of video Jackson DuMont and news reporter Joseph Hall — is deployed on the ground in Davos, Switzerland, where the event is held, to track the most recent developments from WEF 2022. Check out …

Digital cash systems built on the blockchain must retain the qualities of physical money in order to attract more users in developing countries — and must be able to do so without regulatory constraints — according to Circle CEO Jeremy Allaire. In a panel discussion at the World Economic Forum’s Annual Meeting, titled "Remittances for Recovery: A New Era of Digital Money," Allaire discussed all the features that make physical cash an ideal medium for exchange. There’s a reason why “cash is king,” he said, referring to physical money’s portability, privacy and role in securing individual sovereignty. “Cash is a …

During the 2022 World Economic Forum, Sheila Warren, CEO of the Crypto Council for Innovation (CCI), sat down with Cointelegraph to discuss a range of topics, including the state of crypto, decentralized autonomous organizations (DAO) and safety within the metaverse. Warren started by comparing past WEF events to this year’s event. The CCI CEO told Cointelegraph that it’s incredible to see how projects that were just starting out at WEF events in 2018 and 2019 have now made themselves very well known. She said: “I'm finding that old acquaintances — some of the folks that we know from the business …

Disclaimer: This article is being updated all day long. All timestamps are in the UTC time zone, with updates in reverse order (the latest update is placed at the top). This year’s World Economic Forum marks the first in-person event since the start of the COVID-19 pandemic. Cointelegraph’s team is on the ground in Davos, Switzerland to bring in the latest updates from one of the most significant global events of the year. The topics of discussion among world leaders include blockchain technology, the role of central bank digital currencies (CBDCs), Web3 and nonfungible tokens (NFTs). Don’t forget to check …

The annual meeting of the World Economic Forum (WEF) is scheduled to take place from May 22–26, marking the first in-person WEF global leadership event since the pandemic began. The annual meeting was first scheduled for January but was later turned into a virtual event in light of growing COVID-19 infections during the winter. The Davos Agenda 2022 virtual event, which took place from January 17–21, 2022, saw major world leaders appeal for cooperation in tackling major global socioeconomic issues. Discussions during the virtual event revolved around global economic recovery, climate action, technological innovation and global collaboration. A total of …

2020 could be the year that crypto companies step forward and take the plunge into going public. As the biggest players in the industry cautiously watch for opportunities to gain regulatory approval, Ripple CEO Brad Garlinghouse used the prestigious Davos World Economic Forum summit to announce that the firm was considering an initial public offering later on in the year. Crypto companies looking to go public face a paradox. Financial firms often have to meet stringent regulatory standards. Failing to adequately reassure regulators can result in companies being frozen out of lucrative markets or forced to shut down altogether. But …

Cardano will become the most decentralized cryptocurrency in the world, 50 to 100 times more decentralized than Bitcoin once all its upgrades are implemented. At least that’s the word according to Cardano co-founder and CEO of IOHK Charles Hoskinson, who caught up with Cointelegraph at CV Summit, a day-long crypto event running alongside the 50th edition of the World Economic Forum in Davos, Switzerland. Speaking with Cointelegraph’s Kristina Cornèr, Hoskinson said he believes the hard fork, consisting of an implementation of the Ouroboros Bizantine Fault-Tolerant Consensus Protocol, will be seamless and easy. Following the hard fork, the protocol will undergo …

Blockchain technology is an important tool in addressing the data protection crisis, Cambridge Analytica whistleblower Brittany Kaiser believes. Kaiser, a former business development director at controversial British data analytics firm Cambridge Analytica, has discussed global data privacy issues in an interview with Cointelegraph on Jan. 23. Currently serving as co-founder at digital intelligence startup Own Your Data Foundation, Kaiser first came into the spotlight during the Cambridge Analytica scandal, which revealed that the firm had collected raw data from up to 87 million Facebook profiles for the Trump campaign. Speaking with Cointelegraph’s head of news Dylan Love at the World …

If you wanted to go deep on blockchain at the World Economic Forum, you needed to attend the conference’s side events. Perhaps the largest of these crypto-friendly events was CV Summit, an all-day conference organized by CV Labs. The Switzerland-based organization (operated by CV VC) endeavors to offer crypto entrepreneurs whatever resources they need to succeed, from fundraising help to coworking space. On Thursday, January 23, that meant offering a full agenda of speakers and panel presentations to crypto-hungry Davos attendees. The docket was loaded with speeches by high-profile crypto people, from MakerDAO’s Rune Christensen to IOHK’s Charles Hoskinson and …

Women are still at risk of being excluded from jobs in fast-growing careers like blockchain and artificial intelligence (AI), a LinkedIn co-founder warned. Allen Blue, co-founder of major professional social network LinkedIn, has raised concerns about occupational inequality in industries like blockchain at the World Economic Forum annual meeting in Davos on Jan. 24. The executive delivered his remarks on the issue in an interview with Abu Dhabi-based news agency The National. The LinkedIn co-founder urged the global community to take measures to prevent the further extension of the gender gap in employment when it comes to jobs of the …

The World Economic Forum (WEF) has created what it claims is the first ever global consortium dedicated to designing a framework for the transnational governance of digital currencies, including stablecoins. A press release shared with Cointelegraph on Jan. 24 reveals that the newly-formed Global Consortium for Digital Currency Governance will focus on the development of interoperable, transparent and inclusive policy approaches to regulating the digital currency space and fostering public-private collaboration in both developed and emerging economies. Tackling fragmentation The WEF says the impetus for the consortium’s creation is a recognition that well-designed global governance remains the key to realizing …

Major global economists credit Facebook’s Libra with pushing the world to start reconsidering the United States dollar as anchor currency. At a Jan. 23 panel at the annual World Economic Forum (WEF) in Davos, officials and financial experts discussed one of the most important mechanisms in the global financing system — the U.S. dollar, which has become the world’s reserve currency. Libra evoked a future digital currency Called “Challenging the Dominance of the Dollar,” the panel focused on factors that make the U.S. dollar the world’s dominant payment system and reserve currency, as well as the fact that countries over …