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[the-dude]

In NL cash transactions of 10k+ already needed to be reported to the authorities.

But a new law will forbid any cash transactions higher than 3k.

[urtrs → the-dude]

In Greece it is forbidden by law any cash transaction higher than 500 euros.

[dlphn___xyz → the-dude]

whats the reasoning behind the new law?

[i_cant_speel → dlphn___xyz]

It looks like an attempt to prevent money laundering

https://nltimes.nl/2019/07/01/dutch-govt-ban-cash-payments-e...

[FourthProtocol → dlphn___xyz]

The revenue service is unaware of cash payments/purchases made by private parties and so cannot tax such transactions. Unless those private parties volunteer the information.