EU: The War on Cash

Right now, the 4:th EU directive against money laundering is being implemented in the member states.

Among the stricter rules for handling cash, the directive outlaws payments in shops for more than 10,000 €. Some member states chose to go even further limiting the highest amount to 5,000 €.

Thus, making anonymous purchases of e.g. expensive IT-equipment impossible…

Author: HAX

Henrik “HAX” Alexandersson is a Swedish writer, thinker and political evangelist. Between 2009 and 2014 he worked in the European Parliament for the Swedish Pirate Party.

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