Written Question: Abolition of cash
(Source: European Parliament)
Question for written answer E-002730/2021
to the Commission
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.
- Does the Commission intend to ban cash payments of higher amounts divided into a number of instalments, e.g. of EUR 9 950?
- Will payments of more than EUR 10 000 in cryptocurrencies continue to be permitted?