News, analysis, and market updates on crypto payments, stablecoins, fintech, regulation, and digital assets from Radom.
How are international remittance policies evolving, and how do these affect bilateral relationships between countries like the U.S. and Mexico? Recently, Mexico has voiced strong objections to a proposed U.S. tax on remittances, branding it as discriminative. This move by Mexico underscores a broader debate on the fairness and economic implications of taxing funds that immigrants send back to their home countries.
Should traditional banks be at the forefront of issuing stablecoins, or is there a better role for them in the evolving landscape of digital currencies? Coinbase CEO Brian Armstrong recently expressed concerns over traditional banks diving into the issuance of their own stablecoins, proposing instead the widespread adoption of a more established stablecoin, USDC, as a preferable alternative.
