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Mexico's cash economy trilemma: opacity, regressive costs, and tax erosion
El FinancieroLO·MX·3 days ago
Mexican President Claudia Sheinbaum has sent a Digital Economy Law initiative to the Chamber of Deputies aimed at reducing cash usage and expanding electronic payments. The proposal signals a policy shift toward financial digitalization, but details on implementation and scope remain unclear. If passed, it could reshape Mexico's payments landscape and financial inclusion efforts.
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