“…One sign that the meeting is of vast importance to the international banking sector—and the overall push towards Central Bank Digital Currencies (CBDCs) and stablecoins—is the presence of representatives of Mexico’s Central Bank, the Bank for International Settlements (BIS), and BlackRock.
For example, on Wednesday, Fabrizio López Gallo, Director General of Financial Stability for Mexico’s Central Bank, participated in a panel titled “Sustainable Financing: Risks and Opportunities,” while Sergio Mendez, the Director of BlackRock Mexico, spoke on a panel called “Infrastructure Investment as a Catalyst for Growth.”
Multiple panels underscore the push to digitize money in Mexico, including “The Future of Money: What’s Next for Mexico and the World,” featuring BIS’s Alexandre Tombini, and “The Role of Artificial Intelligence in the Future of Digital Payments” with McInerney and HSBC Mexico’s Jorge Arce Gama.
Several statements by Emilio Romano, the head of the ABM, make it clear that the Mexican Central Bank and the international bankers are working diligently to shift Mexico away from cash and towards a track-and-trace society where dissidents have their financial resources turned off…”