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.
more news
23 March 26
National frameworks for high-risk suppliers in Europe
Cullen International’s latest benchmarks on national frameworks addressing security concerns associated with high-risk suppliers (HRS) survey the scope of the frameworks (whether limited to 5G networks or also extending to other telecoms networks or critical sectors), as well as the measures implemented to restrict or ban HRS in 5G networks (including concrete restrictions in practice).
20 March 26
Authorities in the Americas rely on existing competition law frameworks to address the market power of online platforms
This new benchmark covers how countries in the Americas address the market power of online platforms. It examines recent legislative developments, as well as selected competition law cases in which authorities assessed the conduct or mergers of major digital platforms.
18 March 26
Global trends in 5G and beyond
Our latest Global Trends benchmark covers 5G policies and regulations and their evolution towards 6G across 20 jurisdictions around the world.