Davos 2023: Cowed crypto crowd feel winter freeze at WEF

Published by
Reuters UK

By Paritosh Bansal and Divya Chowdhury DAVOS, Switzerland (Reuters) – In the snow and ice on the main drag in Davos, the impact of the crypto winter is plain for WEF attendees to see. Last May, the dressed-up shop fronts that line both sides of the Promenade street running through the Swiss ski resort were dominated by crypto firms, rolling in bitcoin. Now there are just a handful and the executives who have made it to Davos have swapped their hoodies for blazers, despite sub-zero temperatures outside. Some of those from the digital industry which have set up shop on the fringes of the World E…

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