Europe has taken a major step toward ending financial privacy as the globalist European Union (EU) will officially criminalize large cash payments.

Beginning January 2027, any cash transaction above €10,000 will be outlawed in the EU, making large cash purchases illegal across all 27 member states.

The move is part of the EU’s sweeping new Anti-Money Laundering (AML) package.

Unelected EU officials insist that AML targets criminals but, in practice, places ordinary citizens under full financial surveillance.

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Crackdown on Cash & Bitcoin

Under the new rules:

** •** Any cash payment over €10,000 becomes a criminal offense.

** •** Any crypto transaction above €1,000 without approved identity verification is subject to prosecution.

Meanwhile, anonymous digital wallets, used for Bitcoin and other cryptocurrencies, are banned entirely.

The new laws mandate that every crypto transfer must be linked to a verified digital ID.

Officials claim it’s about “security.”

Critics say it’s about control.

Digital Euro Looms: Programmable, Trackable, and Tied to Identity

The new laws are in preparation for the looming central bank digital currency (CBDC) that is due to soon launch across all EU nations.

The European Central Bank (ECB) has confirmed plans to roll out the Digital Euro by 2029.

The Digital Euro is a fully programmable currency that gives regulators unprecedented power:

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** •** Limits on how much you can hold

** •** Restrictions on what you can buy

** •** Expiration dates for digital cash

** •** Real-time spending surveillance

Combine that with the EU’s increasingly centralized digital identification systems, and you get a financial architecture where a single bureaucratic decision can freeze accounts, block purchases, or silence dissent.

Global Trend

Europe’s crackdown doesn’t exist in a vacuum.

As Slay News has previously reported, governments around the world are quietly constructing the same system:

Canada is advancing a federal digital ID program under the guise of “modernizing service delivery.”

The United Kingdom, under socialist Prime Minister Keir Starmer, is reviving national digital ID plans once thought politically toxic.

In addition, Australia’s 2024 Digital ID Bill establishes a unified, government-verified identity system, which is currently being rolled out for public use.

The EU’s Digital Identity Wallet, rolling out in phases, aims to link banking access, medical data, travel permits, and online authentication under one government-issued credential.

Each digital ID initiative claims to be “voluntary.”

Yet, each one slowly becomes required to access essential services, travel, vote, or manage finances.

Once a digital ID becomes a prerequisite for banking, linking it to programmable digital cash becomes automatic.

The Blueprint: Control First, “Safety” Later

Once cash is restricted and digital IDs become mandatory, a programmable currency lets governments:

** •** Disable transactions in certain industries

** •** Set carbon-tracking limits and block “high-emissions” purchases

** •** Shut down accounts of political dissidents

** •** Impose automatic fines

** •** Track every purchase in real time

** •** Declare certain transactions illegal without passing new laws

A system like that doesn’t just monitor spending, it manages it.

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If the model works in Europe, the rollout expands globally.

Europe Is Only the Beginning

Regulators don’t hide their intentions.

Banking lobbies across the West have repeatedly warned that cash is “inefficient,” that anonymous transactions “pose risk,” and that centralized digital currency is “inevitable.”

The EU law effectively marks the beginning of the end for private transactions.

Starting in 2027, the government will decide what “legal spending” looks like.

By 2029, the government will decide how you spend, where you spend, and if you’re allowed to spend at all.

Critics warn the real threat isn’t money laundering, it’s the quiet construction of an economic system where financial permission replaces financial freedom.

Europe is the pilot program.

The world is next.

READ MORE – Canadian Government Quietly Advances Plan for National Digital ID

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