At the World Economic Forum (founded in 1971), an event that brings together the world's elite of businessmen, leaders and leaders, among the topics to be discussed was the point of cryptocurrencies, the blockchain, the chain of blocks for archiving information , for which several countries are preparing. In the event, there was a panel called: "The Crypto-Asset Bubble" where the Deputy Governor of the Central Bank of Sweden, argued that bitcoin and other digital currencies should be treated as assets and not as a real monetary alternative. He clarified that his reasons for not considering cryptocurrencies as "a good version of the money" are linked to the instability of the prices to which it is quoted and the low demand for use in terms of payment alternatives and commented on the launch of its own digital currency, which will be a "digital fiat currency", that is, the digital version of the Swedish currency and will be called Érona as a substitute alternative to cash. He said that as long as there is no acceptance in all nations, it will be an asset that can earn value at risk of collapsing its price.
On the other hand, Robert Shiller, the Nobel Prize-winning economist, called the cryptocurrency a "really smart idea": "I'm impressed by technology," he said. "And it's spreading in various sectors, where there are people who love this. But I think it's technology for something else, it's gone viral like a coin. "
During the event, the IDAXC, the International Digital Assets Exchange Council - a Blockchain repository in Davos by the Global Blockchain Business Council - formed as a non-profit organization, its objective: "to create standards for asset tokenization, regular the digitization of assets and the exchange of assets on a global scale ".Mission: IDAXC is the international non-profit industrial organization that is established to promote the best common practices in the digitization of real assets and exchanges of related tokens.
It should be noted that on February 1, through an official press release, the European Commission announced the creation of the European Union Blockchain Observatory and Forum.
A study conducted by HowMuch based on the global legality of Bitcoin in 246 countries, yielded the following results: legal or neutral in 99 countries (40% of the world), it is of restricted use in 7 countries, it is considered illegal in 10 countries and without information in 130 nations.