Starting in 2027, Europe will criminalize cash transactions over €10,000, marking the beginning of a cashless future. By 2029, the European Central Bank plans to roll out the “Digital Euro,” a programmable currency allowing authorities to control spending and monitor every transaction. The EU’s Anti-Money Laundering law will eliminate anonymous wallets and criminalize large cash or crypto transfers. Critics warn this system, tied to digital IDs, could erase privacy and financial freedom entirely.
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