Davos Panel Declares Crypto as Financial Backbone
At a World Economic Forum panel in Davos, with Binance founder CZ in attendance, a notable shift in perspective emerged: **cryptocurrency is no longer viewed as alternative finance, but as the backbone of the financial system**.
This marks a significant evolution from previous discussions about crypto's role in modernizing finance. The statement reflects growing institutional acceptance of digital assets as fundamental infrastructure rather than a parallel or experimental system.
The comment came during discussions at the annual Davos gathering, where global financial leaders convene to address economic priorities and emerging technologies.