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" ... Full disclosure: I once worked for Ripple, a blockchain company that sometimes uses XRP for crossborder payments in a fashion similar to SWIFT. At the time of this writing I do not own XRP. ... "
" ... Stephanie Soong Johnston: Regular listeners of the podcast might recall that the 139-member jurisdictions of the OECD's inclusive framework on base erosion and profit-shifting have been working on a plan for quite some time now. Just to quickly recap what those two pillars are: pillar 1 would revise profit allocation nexus rules so that market countries, the countries in which consumers are located, are able to better tax companies on their profits arising from crossborder activities that aren't tied to physical presence under existing rules. This is referred to as Amount A, which basically would affect the residual profits of multinational corporations. ... "