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No Bullshit Bitcoin | 7 months ago (raw) | export | reply | flag +4 
 EU Parliament Adopts New Financial Surveillance Rules for Service Providers

The EU Parliament approved a new AML package that will come into effect in 3 years. The new rules contain enhanced customer surveillance measures for financial institutions and EU wide limit of 10000 EUR on cash payments for obligated entities.

https://www.nobsbitcoin.com/eu-adopts-new-financial-surveillance-aml-rules/
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πŸ„·πŸ„ΈπŸ„ΆπŸ„·β—πŸ…‚πŸ„²πŸ„ΎπŸ…πŸ„΄ | 7 months ago (raw) | root | parent | reply | flag 
 in 3 years 10,000 will probably be equivalent to 1,000 today

nostr:nevent1qqsygz4cg7ynxssm09aq7za2kjqxsxkldj7377vftrajquqpgkwunyqpzpmhxue69uhkummnw3ezuamfdejsyg9e55m4ywa69lx6aptajrv2wcx7fusnnj0epkvx7aruulgwcrgh85psgqqqqqqstgun4d
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Javier | 7 months ago (raw) | root | parent | reply | flag 
 In Spain you can't make cash payments greater than 1000€ since years ago, this is no surprise. In fact, the surprise is that they put the limit on 10000€. I wonder if the EU will force Spain to rise it to 10k€.
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Adamsmith | 7 months ago (raw) | root | parent | reply | flag 
 I think that's EU wide or at least in the eoro zone I know it's in Ireland too