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BOE's Bailey, Western Union CEO Part of Davos Panel on Digital Currencies
The session will focus on the diminishing role of cash and the emergence of central bank digital currencies, moves accelerated by the pandemic.
Yazan Kevin Reynolds
Bank of England Governor Andrew Bailey and Western Union CEO Hikmet Ersek will be part of a World Economic Forum (WEF) panel discussion entitled “Resetting Digital Currencies” set for Jan. 25, the first day of the virtual Davos summit.
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- The session will focus on the diminishing role of cash and the emergence of central bank digital currencies (CBDCs), moves accelerated by the pandemic.
- The other panelists are Sheila Warren, head of Blockchain and Data Policy at the WEF; BTC Africa S.A. CEO Elizabeth Rossiello; and North Island Ventures CEO Glenn H. Hutchins.
- On Thursday, a second "Resetting Digital Currencies" panel discussion will be held. That one will feature Michael Casey, chief content officer for CoinDesk (this news organization); Tharman Shanmugaratnam, senior minister, Government of Singapore; Sara Pantuliano, chief executive, Overseas Development Institute; and Zhu Min, National Institute of Financial Research.
Read more: Notes From the WEF: Cash Is Dead, Long Live Digital Cash
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Bitcoin Jumps to $99K as Spiking Coinbase Premium Points to Strong U.S. Buying
Spot BTC prices were at times $300 pricier on Coinbase relative to Binance, suggesting the rally may be driven by heavy demand from American investors.
Bilinmesi gerekenler:
- Bitcoin surged towards $100,000 on Wednesday's U.S. trading session, gaining 3.2% in the past 24 hours.
- The rally coincided with significant spot BTC price premium on Coinbase.
- Fed Chair Jerome Powell called bitcoin a competitor to gold during a panel discussion.
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