Resetting Digital Currencies Panel at the World Economic Forum Davos Agenda 2021
COVID-19 has accelerated the long-term shift from cash, with an 8% increase in non-cash payments in the euro area in 2020. Meanwhile, central bank digital currencies are emerging, potentially transforming how people use money worldwide. What policies, practices and partnerships are needed to leverage the opportunities posed by the rise of digital currencies? UNSGSA Queen Máxima virtually discusses alongside fellow panelists, including, Hikmet Ersek, President and Chief Executive Officer at Western Union, Andrew Bailey, Governor at Bank of England, and Glenn H. Hutchins, Chairman at North Island and North Island Ventures, and Co-Founder Silver Lake Partners.