• The World Economic Forum (WEF) holds an annual conference in Davos, Switzerland, with an increasing presence of cryptocurrency and blockchain companies.
• Lugano’s Economic Development department has opened up BTC and crypto payments for various municipal accounts for its residents through its Lugano Plan B project.
• Pietro Poretti, the director of Lugano’s Economic Development department, hopes to drive Bitcoin adoption dialogue at future World Economic Forum conferences.
The World Economic Forum (WEF) holds an annual conference in Davos, Switzerland, which draws in a variety of people from all over the world. From industry leaders to politicians, the event has become a place where world leaders can come together and discuss the most pressing issues of the day. This year, the presence of companies in the cryptocurrency and blockchain space was also noticeable.
At the entrance to the WEF compound, there was a building branded with familiar logos, that of Polygon and the ever-recognizable Bitcoin symbol. It was here that Cointelegraph stumbled upon Pietro Poretti, the director of Lugano’s Economic Development department. Poretti was in Davos to promote Lugano Plan B, a project that seeks to open up BTC and crypto payments for various municipal accounts for its residents.
Although Bitcoin was not on the official agenda of the WEF in 2023, conversations about Web3, the metaverse, central bank digital currencies, and blockchain payment systems were featured across different workshops during the week. Despite this, Poretti still hopes to drive Bitcoin adoption dialogue at future World Economic Forum conferences, and has expressed his desire for the event to take inspiration from what has already been done in Lugano.
Poretti’s ambitions are commendable, and it will be interesting to see how the WEF will approach the topic of cryptocurrency adoption in the next few years. In the meantime, Lugano’s Plan B project is a great example of how a municipality is embracing the future of finance and providing its citizens with the tools they need to stay ahead of the curve.