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
22 April 24
Who has not transposed the European Electronic Communications Code yet?
Cullen International’s benchmark analyses the status of transposition of the European Electronic Communications Code (EECC) across the EU 27 plus UK and Norway.
18 April 24
Countries in the Americas are working towards the transparency and explainability of AI-based decisions
The latest update of Cullen International’s benchmark on AI reveals whether governments in the Americas published or proposed specific strategies to foster the adoption of AI-based services.
17 April 24
New research shows continued price increases for both letters and parcels across 17 European countries
The latest update of Cullen International's postal pricing benchmarks shows that prices increased for both letters and parcels across Europe.