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Tag: simply bitcoin

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

Public debate rose after claims of strict EU cash limits and complete identity checks for Bitcoin. Later clarifications noted oversight targets service outlets, not personal wallets, though scrutiny increases. A tweet from the crypto-focused account named Simply Bitcoin sparked wide attention after claiming the European Union had agreed to ban cash payments above €10, 000 and [.].