Electronic payment methods become increasingly popular, offering convenience or improved security to consumer transactions. Credit and debit cards, payment using mobile devices and electronic wallets (such as PayPal and Alipay) are commonly accepted by merchants worldwide. Cryptocurrency assets based on blockchain technology promise innovation and independence from central banks, leading to a significant investment by enthusiasts while governments assess whether to regulate them or not.
In the Americas, regulation of e-payment systems are common but only a few countries have specific regulation on cryptocurrency assets, including bitcoin. In Mexico, financial institutions are explicitly allowed to use ‘virtual currencies’ under certain conditions since March 2018. In Argentina, the government introduced taxes on cryptocurrency earnings in 2017, while in Canada tax rules apply to cryptocurrency assets since 2013.
04 February 19
Cullen International EECC Decoder: regulatory remedies explained
The European Electronic Communications Code (EECC) sets new rules on how NRAs should impose regulatory remedies on operators. The new Cullen Decoder explains which remedies apply to different business models (vertically integrated, wholesale-only, voluntary separation and co-investment).
29 January 19
New EECC implementation calendar
Cullen International has compiled a comprehensive calendar of the most important dates for the implementation of the European Electronic Communications Code (EECC) and the BEREC Regulation 2018.
21 January 19
New edition of EU timeline for the next six months
This edition of the EU Timeline highlights noteworthy events and the status of the most important regulatory developments at EU level in the sectors covered by Cullen International over the next six months.