this post was submitted on 21 Mar 2024
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Privacy

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[–] shrugal@lemm.ee 202 points 8 months ago* (last edited 8 months ago) (12 children)

Clickbait headline. The underlying article lists much more reasonable restrictions:

  • Anonymous cash payments over €3,000 will be banned in commercial transactions
  • Cash payments over €10,000 will even be completely banned in business transactions
  • Anonymous payments in cryptocurrencies to wallets operated by providers will be prohibited

So non-commercial transations are fine, as are crypto transactions to non-custodial wallets.

[–] FarraigePlaisteach@fedia.io 18 points 8 months ago (1 children)

What's the difference between commercial and business? I thought they were synonymous.

[–] shrugal@lemm.ee 12 points 8 months ago

I think they are used synonymously in this article, but business could also mean B2B transactions, so between two businesses.

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