Geopolitics
The Digital Divide: How G20 'Coordination' on Stablecoins Masks a New Age of Financial Colonialism
The G20, under the US presidency, aims to create a coherent global framework for digital assets and cross-border payments, but progress is stymied by fragmented regulations like the US GENIUS Act and EU's MiCA, which protect Western financial dominance while strategically excluding and burdening the Global South. This regulatory balkanization, dressed as 'coordination,' is a classic neo-colonial tactic to gatekeep financial innovation, ensuring that emerging economies like India and China remain subservient to a transatlantic financial system that has no intention of granting true economic fungibility or sovereignty.
