on November 12, 2025 in World News
The European Union Imposes Draconian Cash Limits and Monitors All Cryptocurrencies: Towards a Supervised Digital Euro and the Loss of Financial Freedom
Rafa Gómez-Santos Martín The European Union has announced a measure that will dramatically impact the financial lives of its citizens. Cash transactions exceeding €10,000 will be prohibited. Furthermore, identity checks will be required for all cash transactions over €3,000. All cryptocurrency transactions will also be monitored, regardless of the amount. While the official rationale is to prepare for the...
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