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EU Committee approves:

🚫 Prohibition of cash payments over €10,000

🆔 Prohibition of anonymous cash payments over €3,000

₿ Prohibition of anonymous crypto payments to hosted wallets without any threshold

This means war on cash and gradual erosion of our financial freedom!

More: https://www.patrick-breyer.de/en/eu-cash-cap-and-ban-on-anonymous-crypto-payments-results-in-financial-paternalism/

Kevin's Bacon 1y ago

Holy shit

They're shooting themselves in the foot, this is gonna drive more people to self-custody and private transactions.

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