Monthly Roundup: Panama's Tale | A Booming Event | Open Banking FTW
Read an overview of our work from the past month:
econamericas.substack.com/p/…
Note: Panama’s new tax on foreign income suggests the days of traditional tax havens are coming to an end.
@mpazgomezm: "Panama’s new law reflects a broader transformation in global finance. Jurisdictions used to compete by offering efficient legal and tax frameworks, but international regulatory harmonization is reducing competitive differentiation."
Central-Bank Digital Currencies Are Tax Collection
Central banks face a conundrum: for survival, they have little choice but to enter the digital-currency race, but eventually it is a race they will lose.
econamericas.substack.com/p/…@econamericas
What Investors Need to Know about Ethereum econamericas.substack.com/p/…@mpazgomezm: the value of Ethereum comes from the financial activity occurring on its network. The more it is used for digital payments, investing, lending, and asset issuance, the more demand exists.
In an industry undergoing creative destruction away from centralization and bureaucracy, Ottawa officials are pushing in the opposite direction.
Capital Markets: Centralization Conflicts with Competitive, Dynamic Regulation econamericas.substack.com/p/…@EconAmericas
Cryptocurrencies have made capital flight more accessible, thanks to their low cost, speed, and borderless nature. In countries with weak local currencies and FX restrictions, citizens frequently turn to cryptocurrencies as a safeguard.
Read: econamericas.substack.com/p/…@mpazgomezm
Join me for a reception and panel discussion in Calgary on May 25 in the evening—after the Wilson-Kenney debate. We have a handful of remaining tickets: econamericas.com/the-path-to…@econamericas
If you work in journalism or are an @EconAmericas or @ObserveImpunity subscriber, DM me for your discount code.
CAIA Strategies for Investing in Crypto
@mpazgomezm: "The Chartered Alternative Investment Analyst Association (CAIA) offers meaningful material within its curriculum on how to apply investing and risk-management strategies to crypto."
econamericas.substack.com/p/…@CAIAAssociation