#^Anti-money laundering: Council agrees its position on a strengthened rulebookBy limiting large cash payments, the EU will make it harder for criminals to launder dirty money. An EU-wide maximum limit of €10.000 is set for cash payments. Member states will have the flexibility to impose a lower maximum limit if they wish.
I suppose this is a kinder way to do it than how it is done in the US, which is to have cops steal your cash before you can use it to make large purchases.
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war_on_cash