Why The EU Has Backed Off Its War On Cash

The European Commission, in its official war on cash, admitted that physical cash is perhaps not quite the source of all evil that many EU institutions, including the Commission itself, had made it out to be. And it has abandoned its war on cash.

In a report to the European Parliament and Council on the viability of EU-wide cash payment restrictions, the Commission made three crucial observations.

 

https://wolfstreet.com/2018/07/30/the-eu-backs-off-its-war-on-cash-heres-why/