News Score: Score the News, Sort the News, Rewrite the Headlines

EU cash cap and ban on anonymous crypto payments results in financial paternalism

The majority of the EU Parliament’s lead committees today approved far-reaching new anti-money laundering laws: Anonymous cash payments over €3,000 will be banned in commercial transactions. Cash payments over €10,000 will even be completely banned in business transactions. And anonymous payments in cryptocurrencies to wallets operated by providers (hosted wallets) will be prohibited even for minimum amounts without a threshold. MEP and digital freedom fighter Dr. Patrick Breyer (Pirate Party) e...

Read more at patrick-breyer.de

© News Score  score the news, sort the news, rewrite the headlines