Europe@feddit.orgEnglish · 3 days ago

European Union to ban cash payments above €10,000

www.theportugalnews.com

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European Union to ban cash payments above €10,000

www.theportugalnews.com

CAVOK@lemmy.world to

Europe@feddit.orgEnglish · 3 days ago

164

New EU-wide rules will limit large cash transactions across all member states starting next summer

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2 days ago
It’s not about credit vs buying outright, it’s about banning the use of actual banknotes for large transactions. That’s a popular way to launder money and hide income for tax evasion.

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