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A transition is underway as digital currencies move slowly into the mainstream. Some case studies offer clues where the shift is headed and what threats bitcoin, Libra and other systems might pose or what benefits they might bring.
In this guest column, Patrick Schaefer, the Executive Director of the Hunt Institute for Global Competitiveness, discusses a strategy for derisking the cross-border banking industry between the United States and Mexico.
Rather than make painful fiscal reforms that could upend fragile political balances, Lebanon's sects would prefer to wait for foreign aid. But in a changing region, another financial rescue may not come.