european union cash limits anti money laundering directive

The European Union will impose a limit of 10,000 euros on cash payments; Transactions over €1,000 in crypto will be reviewed – Regulation Bitcoin News

European Union states have come together to introduce a new limit on cash purchases and tighten controls on cryptocurrency transactions. On Nov. 6, the bloc agreed to set a limit of €10,000 ($10,557) on cash payments and exercise stricter oversight on crypto transactions over €1,000 ($1,055). The European Union will limit the use of cash, …

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