At the World Economic Forum's recent Davos 2021 meeting, world leaders offered their thoughts on digital currencies via several different panels, according to Paymentscardsandmobile.com. Bank of England Governor Andrew Bailey said, "we have not landed on the design governance and arrangements for a lasting digital currency" at this time.
Also speaking on a panel at Davos 2021 were leaders from the private sector, including the President and Chief Executive Officer of Western Union Company, Hikmet Ersek, who spoke on a panel regarding "Resetting Digital Currencies."
During multiple panel discussions, key conversations arose on global readiness to adopt digital currencies, the extent to which regulation should support innovation and some prerequisites for financial inclusion.
This article was written by Alex Rolfe and originally published on Payments - Cards & Mobile.
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