World Economic Forum did not launch 'global digital currency

The World Economic Forum (WEF) is regularly targeted by conspiracy theories that portray the organisation as shorthand for a global elite's ploy to 'control the world'. In January 2024, a video showing the head of Chinese e-commerce giant Alibaba surfaced in Facebook and X posts that falsely claimed he was a WEF representative announcing the launch of a global digital currency to "track" consumers. The clip actually shows Alibaba president Michael Evans speaking in 2022 about technology the comp

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