DAVOS, Switzerland

The World Economic Forum (WEF) on Friday announced the first digital currency consortium to tackle the growing debates surrounding the issue.

The Global Consortium for Digital Currency Governance is an initiative to bring together leading companies, financial institutions, government representatives, technical experts, academics, international organizations, NGOs and members of the WEF’s communities.

Digital currencies have been a hot topic at the 50th Davos Summit with financial institutions discussing the opportunities as well as the destabilizing risks due to siloed innovation and a lack of global regulation.

“The opportunities for financial inclusion will only be unlocked if the space

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