Mexico's President Proposes Digital Economy Law to Reduce Cash Use
Mexican President Claudia Sheinbaum announced that the Economic Package 2027, to be delivered to Congress, includes a Digital Economy Law aimed at reducing cash usage. The law seeks to establish specific timelines for decreasing cash transactions, promote electronic payments, lower bank fees, and strengthen security. It is part of a broader strategy to combat tax evasion and advance economic formalization.7 sourcesSee all sources
