Eli Ridder | SWITZERLAND
While cryptocurrency was bound to be a hot topic at the annual World Economic Forum located in Switzerland’s scenic city of Davos where world leaders and business kings gather, this year it has two high-profile events designed for the topic.
The first event examines how business leaders and lawmakers should tackle an inevitable “remaking of global finance” in regards to a potential dollar decline and a surge in cryptocurrency popularity.
Even the International Monetary Fund’s Christine Lagarde has hinted at a switch to cryptocurrencies for its special drawing rights fund, the IMF reserve made up of foreign assets.
Lagarde, the IMF’s managing director, will be in attendance at the Remaking of Global Finance along with U.S. treasury secretary Steve Mnuchin, Deutsche Bank Supervisory Board Chairman Paul Achleitner, Blackrock head Laurence Fink, Exchequer chancellor Phillip Hammond, professor of economics Keyu Jin and CNBC Anchor Geoff Cutmore.
The Crypto Asset Bubble event seven hours later will consist of speakers from opposing views on the crypto phenomenon, engaging in the discussion of whether the cryptocurrency asset class is maturing or setting itself up for a systemic market failure.
Deputy Governor of the Swedish Central Bank Cecilia Skingsley, Radian Partners Principle Jennifer Scott, Index Ventures General Partner and Co-Founder Neil Rimer, Yale University economics professor Robert Shilling and YICAI Media Group Editor-in-Chief Yang Yanqing will be speaking at the event.
Official World Economic Forum events are not the only places where cryptocurrency talks are being held.
Enterprise Ethereum Alliance held a gathering to announce plans for 2018 on Jan. 23 and software company Wise Key S.A. is hosting a Blockchain and Cryptocurrency Gathering in the evening of Jan. 24 in Davos.
The WEF’s Annual Meeting 2018 has the theme of “creating a shared future in a fractured world” and will attract leaders in politics, business and other fields to the non-for-profit’s major annual event.
Image of Davos from CNBC.