How Digital Cash and Blockchain Are Quietly Plotting to Save the World Economy

Last week in Shanghai, the Eurasian Financial and Economic Forum (EFEF-2025) gathered a who’s who of finance, tech, and culture—basically the cool kids who think in digits and codes—because apparently, global finance was starting to look like a chaotic group text gone wrong.

Over 300 participants debated how digital currency and blockchain could be the superhero duo to rescue us from the nightmare of economic fragmentation. Spoiler alert: it involves central bank digital currency (CBDC), which is basically money’s cooler, tech-savvy cousin that actually wants to get along with everyone for once.

These brainy folks showcased how linking blockchain with CBDCs might make cross-border transactions less like trying to assemble IKEA furniture without the manual, and more like a seamless group hug of financial stability.

Alexander Shokhin, the head honcho of the Russian Union of Industrialists and Entrepreneurs, dropped the mic with this truth bomb: only by joining hands across finance, tech, and culture can we build something that lasts longer than your last New Year’s resolution. 🙌💸

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2025-04-24 08:57