Written Question: Abolition of cash

(Source: European Parliament)

Date submitted:

Question for written answer E-002730/2021
to the Commission
Rule 138
Markus Buchheit (ID)

Subject: Abolition of cash

Commissioner McGuinness wishes to ban cash payments of more than EUR 10 000, which would significantly curtail the freedom of EU citizens.

  1. Does the Commission intend to ban cash payments of higher amounts divided into a number of instalments, e.g. of EUR 9 950?
  2. Will payments of more than EUR 10 000 in cryptocurrencies continue to be permitted?
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