WEF – DIGIT INFO

WEF talks DeFi regulation, HKDA stablecoin integrates Chainlink: Finance Redefined

DIGIT — Fri, 11 Oct 2024 19:01:32 +0000

The World Economic Forum has urged policymakers to adopt sandbox-based frameworks to enhance regulatory clarity for DeFi innovations and address key risks.

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WEF recommends ‘Sandbox-first approach’ for DeFi adoption

DIGIT — Mon, 07 Oct 2024 08:41:33 +0000

The World Economic Forum has recommended using regulatory sandboxes to foster decentralized finance innovation while mitigating risks.

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WEF’s promo video shows Bitcoin mining, but leaves out the B-word

DIGIT — Mon, 24 Apr 2023 07:49:56 +0000

The video showed multiple scenes depicting rows of what appears to be Bitcoin mining rigs, but the cryptocurrency never got a mention.

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‘Panic of 2023’: James Corbett Explains How Bank Crisis Could Lead to CBDC ‘Nightmare of Total Monetary Control’

DIGIT — Fri, 31 Mar 2023 20:04:57 +0000

Investigative journalist James Corbett has recently referred to the ongoing global banking crisis involving SVB, Signature Bank, Credit Suisse and others as the “Panic of 2023,” drawing comparisons to what he views as historical precedents, and pointing ahead to an inevitable and bleak, technocratic surveillance future leveraging central bank digital currencies (CBDCs) should nothing be […]

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Recruiting Agencies in Japan Are Turning to the Metaverse

DIGIT — Mon, 30 Jan 2023 12:30:59 +0000

The metaverse is making inroads in job recruiting fronts in Japan. According to local reports, a mega metaverse job fair was organized on Jan. 27, with more than 2,000 students taking part in the experience. The students used avatars to communicate and review the job previews available in different booths controlled by several companies. Japan […]

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Microsoft Layoffs Reportedly Hit Key VR and Metaverse Teams

DIGIT — Tue, 24 Jan 2023 07:00:34 +0000

The latest round of layoffs at Microsoft, which announced it will cut 10,000 jobs this year, has hit key teams for its VR (virtual reality) and metaverse efforts, according to reports. The company will close two projects in these areas, Altspacevr and the Mixed Reality Tool Kit, potentially affecting the progress of Microsoft in these […]

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Microsoft CEO Satya Nadella Praises Metaverse ‘Sense of Presence,’ Calls It ‘Game-Changing’

DIGIT — Mon, 23 Jan 2023 12:30:24 +0000

Satya Nadella, CEO of Microsoft, has given his opinion about the metaverse and the impact that the tech might have in the future. In a conversation with Klaus Schwab, chairman of the World Economic Forum (WEF), Nadella stated that the sense of presence achieved while interacting using metaverse tech is “game-changing.” Microsoft’s Satya Nadella Talks […]

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Davos 2023: CBDCs Are the Future of Central Bank Money but They Are Still Not Ready

DIGIT — Sat, 21 Jan 2023 07:30:13 +0000

A World Economic Forum (WEF) panel comprised of central bankers and global tech providers has profiled central bank digital currencies (CBDCs) as the future of central bank money, presenting them as one of the solutions for limitations in the payments sector today. However, they have also stated these present several limitations still to be addressed. […]

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Davos 2023: Banking Panel Reinforces the Need for Crypto Regulation

DIGIT — Fri, 20 Jan 2023 11:30:13 +0000

A group of global banking experts hosted by the World Economic Forum (WEF) convened about the need for global crypto regulation, including stablecoins and unbacked crypto assets. The panel agreed there must be at least some kind of base regulation for these assets and bank-equivalent regulation for blockchain applications seeking to offer products similar to […]

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Davos 2023: WEF Unveils Global Collaboration Village Metaverse Platform

DIGIT — Thu, 19 Jan 2023 23:30:57 +0000

The World Economic Forum (WEF) has announced the rollout of the Global Collaboration Village, its own metaverse platform, for this year. Klaus Schwab, chairman of the WEF, plans to leverage this representation of Davos to allow people and leaders to meet in virtual worlds and coordinate global collaboration efforts efficiently. WEF to Promote Metaverse-Based Collaboration […]

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