The War On Cash Continues: The EU Propose a €10,000 Limit Cash Payments and Scrutiny On Crypto Transactions over €1,000

The states of the European Union have convened to establish a new limit on cash purchases and to strengthen the controls on cryptocurrency transactions. On Nov. 6 the bloc agreed to put a limit of €10,000 ($10,557) on cash payments and to exert stronger oversight on crypto transactions of over 1,000 euros ($1,055).

9th December 2022.

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