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by mikhailfranco
844 days ago
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There is already a limit on cash payments in the EU: - €7,000 (US$7,645) max limit across the whole EU (€1,000 for crypto), down from €10,000 just 2 years ago (2 years of high inflation). - Just €1,000 (US$1,081) limit in France and Italy. They always blame AML/CFT but it's really just forcing payments into banks and credit card companies that can skim 1-3% of everything. https://www.europarl.europa.eu/news/en/press-room/20230327IP... |
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