Re:Facebook, Instagram, and WhatsApp outages
by urtrs on Wednesday July 03, 2019 @07:21PM
(#20349997)
In Greece it is forbidden by law any cash transaction higher than 500 euros.
Re:Facebook, Instagram, and WhatsApp outages
by dlphn___xyz on Wednesday July 03, 2019 @03:04PM
(#20347534)
whats the reasoning behind the new law?
Re:Facebook, Instagram, and WhatsApp outages
by i_cant_speel on Wednesday July 03, 2019 @03:21PM
(#20347722)
It looks like an attempt to prevent money laundering
https://nltimes.nl/2019/07/01/dutch-govt-ban-cash-payments-e...
Re:Facebook, Instagram, and WhatsApp outages
by Spearchucker on Wednesday July 03, 2019 @03:18PM
(#20347675)
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.
But a new law will forbid any cash transactions higher than 3k.