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EU Bans Cash Payments Over €10,000 and Imposes ID Rules for Bitcoin Transactions by 2027

Public debate surged following claims about strict European Union regulations introducing cash payment limits and comprehensive identity checks for Bitcoin transactions. Initial reports suggested that the EU had agreed to ban cash payments exceeding €10,000 and would require identification for every Bitcoin payment starting in 2027. These claims sparked widespread concern over potential threats to financial privacy and drew comparisons to restrictions on personal freedom.

However, subsequent clarifications moderated these interpretations. A tweet from the crypto-focused account Simply Bitcoin, which originally sparked much of the discussion, later explained that the €10,000 cash limit is part of existing anti-money laundering (AML) regulations. Furthermore, the identification requirements apply specifically to crypto service providers and not to every individual Bitcoin transaction conducted on the blockchain.

Patrick Hansen, a respected crypto analyst, contributed to the conversation by correcting common misconceptions circulating online. Hansen emphasized that the relevant AML regulations do not prohibit self-custody or the use of personal wallets. Instead, these rules target service providers who handle transfers on behalf of users, focusing regulatory oversight where it can effectively combat illicit activity.

### Regulatory Structure Under MiCA

The Markets in Crypto-Assets Regulation (MiCA), officially Regulation (EU) 2023/1114, was approved on May 31, 2023. This legislation establishes a unified regulatory framework for companies issuing or providing services related to crypto assets within the European Union. It covers payments made via tokens, including Bitcoin, and mandates that service providers obtain licenses to operate legally within EU member states.

MiCA’s introduction aims to harmonize rules across the Union and enhance consumer protections. On October 6, 2025, the European Banking Authority, European Insurance and Occupational Pensions Authority, and the European Securities and Markets Authority issued guidance cautioning consumers that investing in crypto-assets remains inherently risky—even when dealing with regulated service providers. They highlighted the potential for sudden value fluctuations and operational risks linked to various industry actors.

Alongside MiCA, Regulation (EU) 2023/1113—known as the Transfer of Funds Regulation (TFR)—applies specifically to crypto-asset service providers. Under TFR, these providers must collect sender and recipient information for crypto transfers. This measure is designed to prevent money laundering and the financing of harmful networks through digital assets.

### Service Provider Oversight Within the EU

MiCA requires all service outlets offering payment or storage services involving tokens intended for exchange or to hold value to obtain proper authorization. Companies operating within the Union must comply with requirements around consumer disclosures, conflict-of-interest management, and transparency. This framework seeks to establish uniform conditions for crypto service providers catering to EU buyers.

To prevent regulatory arbitrage, the regulations apply regardless of a company’s location. Any service provider serving clients inside the EU must adhere to Union rules. This approach helps close gaps caused by jurisdictional differences while ensuring legal clarity for consumer-facing crypto services.

Under the new rules, regulators will impose strict compliance obligations on providers handling cryptocurrency funds, including those facilitating Bitcoin payments. These providers are mandated to verify customer identities, collect necessary information, and file relevant reports. Collectively, these measures aim to increase transparency, track money flows, and curb illegal financial activities involving digital assets.

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The evolving regulatory landscape underscores the EU’s commitment to balancing innovation with security, striving to protect consumers while fostering a trustworthy environment for crypto-asset markets.
https://www.crypto-news-flash.com/eu-imposes-id-rules-for-bitcoin-by-2027/

Illinois’ first “deep water” game is here

Feasting on cupcakes is fun, but a serious test awaits Tuesday night.

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### More in Illinois Fighting Illini Basketball

**Taking a look at season opener breakout players and how they fared the rest of the year**
By Cuscago Ty

**Two down, many more to go.**
By Said Nonoal

**Yet another Illini is battling an injury.**
By Mike Farmer

**Illinois still isn’t entirely healthy.**
By Mike Farmer

**The season openers featured dazzling debuts, frequent fouls, perimeter prowess, and jean jackets.**
By Drew Pastorek

**Game two.**
By Stephen Cohn

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### Gambling Problem? Help is Available

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– Call 1-800-GAMBLER (1-800-426-2537)
– Visit GamblingHelpLineMA.org or call (800) 327-5050 for 24/7 support (Massachusetts)
– Visit www.mdgamblinghelp.org (Maryland)
– Call 877-8HOPE-NY or text HOPENY (467369) (New York)

*Must be 21+ (18+ in D.C.) and present in select states. For Kansas, support is provided in affiliation with Kansas Star Casino.*

– Call 1-888-789-7777 or visit ccpg.org/chat (Connecticut)
– Visit FanDuel.com/RG for responsible gaming resources.

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Stay informed and enjoy the Illinois Fighting Illini Basketball season responsibly!
https://www.thechampaignroom.com/illinois-fighting-illini-basketball-news/48623/illinois-first-deep-water-game-is-here

WWE Cuts Broadcast Immediately After Rhea Ripley Returns To Attack Nia Jax Due To Wardrobe Mishap

Rhea Ripley made a striking return on WWE RAW tonight, delivering a surprise attack on Nia Jax during the show’s closing moments.

The intense confrontation took an unexpected turn when the broadcast was abruptly cut off. Reports indicate the sudden cut was due to a wardrobe mishap, bringing the episode to an immediate end.

This dramatic return and the unforeseen conclusion have left fans eagerly anticipating what’s next in this developing WWE storyline.
https://www.sportskeeda.com/wwe/news-wwe-cuts-broadcast-immediately-after-rhea-ripley-returns-to-attack-nia-jax-due-to-wardrobe-mishap

Senate approves bill to end the shutdown, sending it to the House

**Senate Passes Bill to Reopen Government, Move Closer to Ending Longest Shutdown in History**

WASHINGTON — The Senate passed crucial legislation Monday to reopen the federal government, marking a significant step toward ending the longest shutdown in U.S. history. This move came as a small group of Democrats joined with Republicans to secure enough votes, despite facing strong criticism from within their own party.

**Shutdown Nears End, House Vote Awaits**

The 41-day shutdown may last a few more days, as House members prepare to return from a lengthy recess to vote on the bill. President Donald Trump expressed support for the legislation, stating Monday, “we’re going to be opening up our country very quickly.”

The Senate ended a grueling six-week stalemate with a 60-40 vote. The deadlock centered on Democrats’ demands for negotiations to extend health care tax credits set to expire on January 1. While Republicans did not formally agree to those talks, five moderate Democrats eventually sided with them as the shutdown’s effects intensified—federal food aid halted, airport delays worsened, and hundreds of thousands of federal workers went without pay.

House Speaker Mike Johnson urged lawmakers to return to Washington “right now” to tackle the shutdown, citing ongoing travel delays. “We have to do this as quickly as possible,” Johnson said.

**How the Stalemate Ended**

After weeks of negotiation, a trio of former governors—New Hampshire Sens. Jeanne Shaheen and Maggie Hassan, along with Independent Sen. Angus King of Maine—brokered a deal. They agreed to advance three bipartisan spending bills and extend funding for the remainder of the government through late January.

As part of the compromise, Republicans pledged to hold a vote on health care subsidies by mid-December, though the outcome is not guaranteed. “This was the option on the table,” Shaheen said, after repeated Republican refusals. She added that the promise of a future vote “gives us an opportunity to continue to address [health care] going forward.”

The legislation also reverses mass federal worker firings that occurred under the Trump administration during the shutdown’s onset in October. It protects federal workers from future layoffs through January and ensures all are paid retroactively.

**Key Votes and Party Reactions**

Alongside Shaheen, King, and Hassan, Democratic Sen. Tim Kaine of Virginia—home to many federal workers—voted in favor. They were joined by Illinois Sen. Dick Durbin, Pennsylvania Sen. John Fetterman, and Nevada Sens. Catherine Cortez Masto and Jacky Rosen.

Most Democrats, including Senate Majority Leader Chuck Schumer of New York, voted against the deal. While 10-12 Democratic senators participated in negotiations, ultimately only five switched their votes—precisely the number Republicans needed. King, Cortez Masto, and Fetterman had been consistent in voting to reopen the government since the shutdown began.

**Democratic Debate: “A Mistake”?**

Schumer faced criticism from his own party, recalling backlash from March when he voted to prevent a shutdown. After a lengthy caucus meeting, he said he could not “in good faith” support the bill but remained committed to fighting for health care. “We will not give up the fight,” Schumer insisted, noting that Democrats have “sounded the alarm” on the health care issue.

Independent Sen. Bernie Sanders of Vermont called the concession a “horrific mistake.” Sen. Chris Murphy (D-CT) agreed, saying constituents wanted Democrats to “hold firm.”

The Congressional Progressive Caucus also voiced opposition. Texas Rep. Greg Casar labeled the deal a “betrayal” for not addressing health care costs, which many Americans hoped Democrats would fight for.

However, some Democrats supported Schumer’s leadership. House Democratic Leader Hakeem Jeffries, critical of Schumer earlier in the year, praised him on Monday and expressed support for his approach throughout the shutdown. “The American people know we are on the right side of this fight,” Jeffries said, referencing recent election results.

**Health Care Debate Looms**

It remains uncertain whether Democrats and Republicans can agree on extending health care subsidies before the promised December Senate vote. House Speaker Mike Johnson (R-LA) has not committed to bringing the measure to the House floor, stating only that Republicans support reforming the “unaffordable care act.”

Some Republicans are open to extending COVID-19-era tax credits to prevent premium spikes for millions but want limits on eligibility, such as new income caps—an idea some Democrats have signaled willingness to consider. Senate Appropriations Committee Chair Susan Collins (R-ME) said she supports extending the tax credits, combined with additional changes.

On the other hand, President Trump and some Republicans have rekindled their calls to overhaul or repeal the legislation entirely. In a preview of the looming fight, the Senate defeated an amendment to extend the subsidies for a year by a 47-53 party-line vote on Monday. The vote was held as part of a separate bipartisan agreement to expedite the shutdown-ending bill’s passage.

As the legislation moves to the House and the debate over health care subsidies continues, federal workers and millions of affected Americans await the shutdown’s final resolution.
https://www.phillytrib.com/news/senate-approves-bill-to-end-the-shutdown-sending-it-to-the-house/article_f64433df-b7b0-47f4-a9ed-6c6c2a6406fc.html

“I can live life, but not like a normal person” – AEW star shares serious health update

A 41-year-old AEW star recently opened up about a major health condition he has been facing.

The past couple of years have been particularly challenging for Anthony Henry as he navigates this difficult journey.
https://www.sportskeeda.com/aew/news-i-can-live-life-like-normal-person-aew-star-shares-serious-health-update

NYFC’s Andres Perea undergoes surgery after gruesome leg injury

Andrés Perea won’t be suiting up for New York City FC anytime soon. The club confirmed on Monday that the midfielder underwent surgery to address a lower right leg fracture at Montefiore Einstein Medical Center. Although no specific timetable was provided, head coach Pascal Jansen mentioned following their win over Charlotte FC that Perea was expected to be out “for a little bit.” Perea will begin his rehabilitation immediately.

“Everyone at the Club wishes Andrés all the best in his recovery,” the club said in a statement.

Perea sustained the injury in the 71st minute of Friday’s Game 3 match against Charlotte FC. NYCFC won that game to advance to the conference semifinals, where they will face the Philadelphia Union. The injury occurred when Perea went for an aerial ball against Charlotte’s Adilson Malanda. Upon landing, he awkwardly fell on his right leg, causing his right foot to bend back unnaturally, resulting in immediate pain on the pitch.

The club’s medical staff quickly came out to assess him, causing a roughly four-minute delay in the game before Perea was carted off the field.

“It was a very tense moment because we [lost] one of our own and it looked very bad,” Jansen told reporters after the match. He also described the loss of Perea as a “big” one for the team.

This season, Perea appeared in 24 MLS matches for NYCFC, tallying three goals and one assist. He also contributed another assist during the postseason match against Charlotte.

Looking ahead, New York City FC will face Philadelphia on November 23 in the conference semifinals following the international break.

Perea previously played for the Union but was loaned to NYCFC for the second half of the 2023 season before being traded to New York City in January 2024. This season marks the fourth time in five years that NYCFC has reached at least the conference semifinals in the MLS Cup playoffs.
https://nypost.com/2025/11/10/sports/nyfcs-andres-perea-undergoes-surgery-after-gruesome-leg-injury/

Intel files lawsuit against ex-employee who allegedly copied 18,000 company files & disappeared

Intel has launched a lawsuit against a former employee accused of committing an egregious act of corporate sabotage. According to Intel, the ex-employee, Jinfeng Luo, allegedly copied around 18,000 files from corporate servers before disappearing.

Intel filed the lawsuit in Seattle District Court, as reported by The Oregonian news outlet. The company claims that Luo was among those scheduled to be laid off by the end of 2025. He was reportedly informed of his termination on July 7, with his last day set for July 31.

Following the notification, Luo allegedly attempted to copy company data. Initially, he plugged an external drive into company hardware but was locked out by security. Approximately five days later, he is said to have successfully connected another storage device and copied around 18,000 files.

Intel alleges that some of the files Luo copied were labeled “top secret” or “confidential” company materials. This suspicious activity prompted an internal investigation. Despite Intel’s efforts to contact him at three separate listed addresses over several months, Luo has not been located, and his whereabouts remain unknown.

The lawsuit claims damages estimated at around $250,000, which Intel seeks should Luo be found. The case highlights serious concerns about data security and employee access during layoffs within major corporations.
https://www.shacknews.com/article/146760/intel-intc-lawsuit-jinfeng-luo-files-stolen

ESPN forced us to listen to boring Disney CEO Bob Iger on the ManningCast for nothing

The Monday Night Football game between the Philadelphia Eagles and Green Bay Packers marked the second matchup affected by the ongoing Disney-YouTube TV carriage dispute. As a result, subscribers have now missed an increasing number of NFL and college football games, adding to their frustration.

Both Disney and Google’s YouTube TV are pulling out all the stops to sway public opinion amid the ongoing squabble. YouTube TV has taken steps to appease subscribers by offering credits as compensation for the games they’ve missed. On the other side, Disney and ESPN opted for a different approach: bringing Disney CEO Bob Iger onto ESPN2’s ManningCast, presumably to provide clarity or to put a positive spin on the situation.

The 74-year-old Iger, a lifelong Packers fan and franchise investor, appeared alongside Peyton and Eli Manning. Wearing a crisp Green Bay hoodie, Iger enthusiastically shared stories about his favorite NFL team while the Mannings asked him several easy, softball questions. The interview started off as light and casual, seemingly setting the stage for a segue to address the YouTube TV dispute.

However, that moment never came.

After a few segments, the Mannings wrapped up the conversation, thanked Iger for his time, and sent him on his way. No mention was made of the carriage dispute, leaving viewers baffled. To put it mildly—what was the point of that?

At this juncture, Disney and ESPN appear to be losing the public relations battle against Google and YouTube, a surprising outcome given Disney’s vast resources. Their prior attempts to push viewers back through ESPN talent have largely backfired, particularly with vocal critics like Pat McAfee. The company has also lost goodwill among many notable NFL fans and media figures.

Short of an unexpected capitulation to get their content back on YouTube TV quickly, there are few remaining opportunities for Disney to control the narrative effectively. This could have been one such opportunity.

Iger’s silence on the issue during the ManningCast interview raises more questions than it answers. For many viewers who tuned in specifically hoping to hear the CEO weigh in on the dispute, it was an annoying letdown — just a chance for Iger to gush about his beloved Packers instead.

As the carriage dispute drags on, subscribers and fans alike continue to hope for a resolution that brings their favorite football content back to their screens. Until then, the silence speaks volumes.
https://awfulannouncing.com/disney/ceo-bob-iger-manningcast-dispute-said-nothing-espn-youtube-tv.html

Senate Approves Bipartisan Deal To End 41-Day Shutdown

The Senate approved a government funding package to reopen the federal government Monday night, despite objections from Senate Minority Leader Chuck Schumer and a majority of Democrats. Lawmakers voted 60 to 40 in favor of the legislation, with eight Democrats joining Republicans to support the measure. Kentucky Sen. Rand Paul was the lone Republican to vote “no,” citing the measure’s insufficient spending cuts.

Democratic Sens. Catherine Cortez Masto of Nevada, John Fetterman of Pennsylvania, Tim Kaine of Virginia, Jeanne Shaheen and Maggie Hassan of New Hampshire, and Dick Durbin of Illinois voted “yes” on the legislation, bringing an end to the 41-day shutdown standoff. Independent Maine Sen. Angus King, who caucuses with Democrats, also supported the funding package.

The bipartisan shutdown package will fund the government through the end of January and advance a slate of appropriations bills that will fund the Departments of Veterans’ Affairs and Agriculture, the legislative branch, and military construction for the current fiscal year. In return, Senate Republicans have committed to holding a vote on extending enhanced Affordable Care Act (ACA) subsidies slated to expire at year’s end and to rehire federal workers laid off during the shutdown.

President Donald Trump told reporters in the Oval Office Monday that he will abide by the terms of the deal, calling it “very good.” The successful vote brings Congress one step closer to ending the record-breaking shutdown. However, the House of Representatives must approve the legislation before President Trump can sign the measure into law.

The final vote came after the same group of Democratic caucus members advanced the stopgap bill on Sunday night in a notable break with Schumer and House Democratic leadership. The defecting senators argued that the shutdown’s pain for Americans had become too great and that the minor concessions secured from Republicans were sufficient.

“Many of my friends are unhappy. They think we should have kept our government closed indefinitely,” Senate Minority Whip Dick Durbin, the second-ranking Democrat who supported the shutdown deal, said on the Senate floor Monday. “I cannot accept a strategy which wages political battle at the expense of my neighbor’s paycheck or the food for his children.”

“It’s become clear after six weeks of the shutdown that the strategy of shutting down the government and forcing the Republicans to talk about the ACA wasn’t working,” King said in a video posted to social media Sunday night. “The shutdown wasn’t achieving its goal, and it was at the same time hurting a lot of people.”

The group of seven Democrats and King voted to advance the funding package on Monday evening despite scathing criticism from their Democratic colleagues, left-wing activists, and the party’s base.

Fetterman told the Daily Caller News Foundation Monday that more than eight Democratic caucus members supported the Senate deal but were afraid to publicly back the legislation. “There were plenty more than just the eight that wanted to vote [yes], but they were afraid,” Fetterman said.

“What has worked in the past is not working now,” Michigan Sen. Elissa Slotkin, who voted against the government funding package, told reporters Monday regarding Schumer’s strategy during the shutdown. “We need to meet the moment, and we’re not doing that.”

Slotkin and a large chunk of congressional Democrats slammed the shutdown deal as insufficient for failing to secure an ACA subsidy extension. Though Senate Majority Leader John Thune has pledged to hold a vote on an extension bill of Democrats’ choosing in December, Republicans overwhelmingly oppose a clean extension.

Republican Texas Sen. John Cornyn told reporters Monday that a planned vote on a Democratic ACA bill has “no chance” of passing.

Though a number of senators briefly held up the shutdown package Monday, every member ultimately consented to fast-track the legislation to a vote on final passage.

“The American people have suffered for long enough. Let’s not pointlessly drag this bill out,” Senate Majority Leader John Thune said on the Senate floor Monday. “Let’s get it done, and get it over to the House, so that we can get this government open.”

House Speaker Mike Johnson urged lawmakers Monday to return to Washington to vote on the spending measures later this week. Due to Congress observing Veterans Day on Tuesday, the earliest the House could vote on the legislation is Wednesday.

“And as of Sunday, nearly half of all domestic flights and U.S. flights were either canceled or delayed. It’s a very serious situation,” Johnson told reporters. “So, I’m saying that by way of reminder, I’m stating the obvious to all my colleagues, Republicans and Democrats in the House. You need to begin right now returning to the Hill. We have to do this as quickly as possible.”

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*All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline, and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact licensing@dailycallernewsfoundation.org.*
https://dailycaller.com/2025/11/10/senate-approves-bipartisan-deal-to-end-41-day-shutdown/

Intel files lawsuit against ex-employee who allegedly copied 18,000 company files & disappeared

Intel has launched a lawsuit against a former employee accused of committing a serious act of corporate sabotage. According to Intel, the ex-employee, Jinfeng Luo, copied approximately 18,000 files from the company’s corporate servers before disappearing.

Intel alleges that the stolen files included “top secret” and “confidential” company materials, causing significant concern within the company. The lawsuit, filed in Seattle District Court and reported by The Oregonian, claims damages amounting to around $250,000 should Luo be located.

Luo was reportedly among employees set to be laid off by Intel by the end of 2025. He was informed of his termination on July 7, with his employment officially ending on July 31. Shortly after, Intel claims Luo attempted to copy files by plugging an external drive into company hardware but was locked out by security measures.

However, about five days later, Lenovo allegedly used another storage device and successfully copied roughly 18,000 files. This triggered an internal investigation by Intel, which has since been trying to contact Luo at three separate listed addresses.

Despite multiple efforts, Luo has not appeared at any of these addresses, and his current location remains unknown. Intel continues to seek answers regarding the extent of the data breach and the whereabouts of the former employee.
https://www.shacknews.com/article/146760/intel-intc-lawsuit-jinfeng-luo-files-stolen