The EU is introducing a €10,000 limit on cash payments to businesses as part of its Anti-Money Laundering package, effective from 2027. This regulation does not ban cash but aims to reduce money laundering by making transactions more traceable. Private transactions between individuals are generally exempt, and national governments can set lower limits. The narrative that buying a car in cash will become illegal is misleading; it depends on the seller. The regulation has sparked controversy and misinformation online. Teljes cikk (Euronews.com)