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The European Union will place a limit of 10,000 Euros on cash payments; transactions exceeding EUR1,000 in crypto will be scrutinized

 

The European Union’s member states have met to discuss a new limit on cash purchases as well as strengthening controls on cryptocurrency transactions. The bloc agreed on Nov. 6 to place a limit on cash payments of EUR10,000 ($10 557) and to strengthen oversight of crypto transactions exceeding 1,000 euros ($1,055). European Union

 

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