They're shooting themselves in the foot, this is gonna drive more people to self-custody and private transactions.
quotingEU Committee approves:
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🚫 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/
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