Germany plans upper cash limit to fight crime

ARCHIVE – A woman holds a wallet with banknotes. Photo: Monika Skolimowska/dpa-Zentralbild/dpa

According to the strategy document, large transactions would be carried out in a traceable manner and the risk of hiding the origin of large assets would be reduced.

Faeser wants to officially present it this afternoon at the autumn conference of the Federal Criminal Police Office in Wiesbaden. It is available from the German press agency. Faeser has previously called for a cash cap, drawing mixed reactions.

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