Davos: Cryptocurrencies on the radar during this 2024 edition
The 2024 edition of the World Economic Forum in Davos took place recently, and cryptocurrencies were a major topic of discussion.
The approval of 11 Bitcoin ETFs was a big boost to keep these assets in the spotlight. However, other topics such as Trump, Putin, and artificial intelligence were considered more relevant. Despite this, some important figures in the financial sector could not help but mention cryptocurrencies, despite their disdain for them.
Digital currencies remain a major topic in the financial world, and the addition of ETFs elevated them even further. Several representatives from the financial sector also spoke about cryptocurrencies during Davos, including Tether reserves, possible new digital currency ETFs, and the promising future of cryptocurrencies worldwide.
The importance of stablecoins was also discussed, such as the success of Tether's USDT.
