A Lily Bit

A Lily Bit

New WEF Report Doubles Down on CBDC

World Economic Forum Backs Central Bank Digital Currencies and Digital Identity, Calls for Joint Public-Private Sector Efforts in Finance

May 03, 2024
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The World Economic Forum (WEF) keeps vigorously pushing for the inception of not only central bank digital currencies (CBDCs) for the masses, but also a wholesale variant, wCBDC, designed for interbank payments and securities transactions. It's almost laughable how frequently top-tier financial institutions and banks reference WEF reports while justifyi…

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