Crypto is shedding its illicit money image, but central bankers at the World Economic Forum in Davos 2026 warned it threatens monetary sovereignty.
While geopolitical tensions and the Greenland standoff set the tone at Davos 2026, crypto resurfaced as a secondary but consequential theme.
US President Donald Trump used a few minutes of his Davos speech to double down on his ambition to turn the US into the world’s crypto capital and voice support for crypto-friendly legislation.
His tone was different from central banks. In a panel with crypto bigwigs, the governor of the Bank of France criticized private money and yield-bearing stablecoins while promoting central bank digital currencies (CBDC).
