by Frank Bergman, Slay News:
Europe has taken a major step toward ending financial privacy as the globalist European Union (EU) will officially criminalize large cash payments.
Beginning January 2027, any cash transaction above €10,000 will be outlawed in the EU, making large cash purchases illegal across all 27 member states.
The move is part of the EU’s sweeping new Anti-Money Laundering (AML) package.
Unelected EU officials insist that AML targets criminals but, in practice, places ordinary citizens under full financial surveillance.
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Crackdown on Cash & Bitcoin
Under the new rules:
• Any cash payment over €10,000 becomes a criminal offense.
• Any crypto transaction above €1,000 without approved identity verification is subject to prosecution.
Meanwhile, anonymous digital wallets, used for Bitcoin and other cryptocurrencies, are banned entirely.
The new laws mandate that every crypto transfer must be linked to a verified digital ID.
Officials claim it’s about “security.”
Critics say it’s about control.
Digital Euro Looms: Programmable, Trackable, and Tied to Identity
The new laws are in preparation for the looming central bank digital currency (CBDC) that is due to soon launch across all EU nations.
The European Central Bank (ECB) has confirmed plans to roll out the Digital Euro by 2029.
