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Cash money and credit cards on a table

No money, no problems? German cash limit is just another surveillance tool

The German federal government, currently made up of a troubled Grand Coalition, has recently floated the idea of setting up an upper limit on cash usage. A limit of 5,000 euros on cash transactions is being discussed. Supposedly, the aim is to fight illegal money transactions, first and foremost terror financing and money laundering. A recent study commissioned […]

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