WEF 2022, May 23: Latest updates from the Cointelegraph Davos team

Disclaimer: This article is updated all day long. All time codes are in the UTC time zone, updates in reverse order (the latest update is placed at the top).

This year’s World Economic Forum marks the first in-person event since the start of the pandemic. The last WEF with physical attendance was in Jan 2020.

Cointelegraph established a unit, including editor-in-chief Kristina L. Corner, head of video Jackson DuMont and news reporter Joseph Hall, in Davos to bring in the latest updates from one of the most significant global events of the year.

The second day of the global event is packed with key blockchain and crypto events attended by the likes of the International Monetary Fund (IMF) Managing Director Kristalina Georgieva, Bank of Thailand governor Sethaput Suthiwartnarueput, Bank of France governor François Villeroy de Galhau, Mastercard CEO Michael Miebach, a senior economist from Bank of International Settlement Jon Frost and many more.

The major topics of discussion among world leaders, central bank governors and executives revolve around blockchain, the role of central bank digital currencies (CBDCs), Web3 and nonfungible tokens (NFTs).

Don’t forget to check this article regularly to get notified about the most recent announcements from the event.

• 8.30 am UTC

Ripple senior vice president Brooks Entwistle shared his views on the current debate around crypto winter. He told Cointelegraph:

“Crypto winter has happened before and it will happen again, but we are focused on building into it. I think it's an opportunity for projects to build more and a lot of this is noise and we got to reduce the noise and focus on the signal.”

• 8 am UTC

Cointelegraph editor-in-chief Kristina Lucrezia Corner got in touch with PayPal vice president Richard Nash to get an insight into the leading payment processor’s blockchain and crypto plans.

Nash told Cointelegraph:

“We are already doing a lot in the blockchain space and just working slowly in the crypto space and looking to work with others to embrace everything we can, be it digital wallets or CBDC in [the] future.”