The European Union (EU) will ban all cash purchases over $10,000 beginning in January 2027. This draconian change was not made through legislation that was debated and voted on, it was created through regulation. Unelected EU bureaucrats simply chose to make the change, claiming it is purely to target criminals.
In addition to that, new laws already passed will soon require anyone using or holding cryptocurrency to do so through a digital ID system, assuring no anonymity in the transaction of value between humans. By 2029, the EU plans on rolling out their digital currency, which they intend on replacing physical currency. Digital currency turbo-charge governments’ ability to control transactions, create instant “magic value,” and micromanage the currency markets.
Europe Criminalizes Large Cash Payments Ahead of ‘Digital Euro’ Launch – slaynews.com
Europe has taken a major step toward ending financial privacy as the globalist European Union (EU) will officially criminalize large cash payments.