Tuesday, February 18, 2025

France Bans Cash Payments Over €1,000

Posted By Peter Coyne | 2023-05-04 10:55:00
  • In addition, the maximum salary or advance payable by cash is just €1,500.

Why it matters: It’s another shot in the war on cash—one more step towards the launch of a CBDC and complete control of money and transactions.

  • This “death by 1,000 cuts” approach are a sneaky, tip-toed approach to introducing CBDCs to fully replace cash.

Read the official ruling from The Banque de France here.