European Central Bank

Europe Advances Plans for ‘Cashless Societies’

Europe Advances Plans for ‘Cashless Societies’

Unelected bureaucrats in the European Union are advancing plans to replace physical money with a "digital Euro" to usher in "cashless societies." As Slay News has reported, globalists have been pushing for the introduction of central bank digital currencies (CBDCs) for some time. The push is being championed by the…
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European Union to Ban Cash Transactions over €10,000

European Union to Ban Cash Transactions over €10,000

The European Union is introducing new laws that will ban transactions over €10,000 ($10,557) in a major push toward an eventual cashless society. However, the laws also seek to impose stricter controls on cryptocurrency and will track crypto payments above 1,000 euros ($1,055). EU leaders ostensibly claim that the new…
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ECB Raises Interest Rates Further as Inflation Soars in Eurozone

ECB Raises Interest Rates Further as Inflation Soars in Eurozone

The European Central Bank (ECB) has hiked interest rates again on Thursday by the largest increment since the bank’s founding. The move comes as policymakers in the Eurozone scramble to stem the tide of rising inflation throughout the region. Initially, ECB policymakers were divided between a 50 and a 75…
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European Central Bank: Cash ‘Not Fit’ for Digital Economy

European Central Bank: Cash ‘Not Fit’ for Digital Economy

The European Central Bank (ECB) has dismissed privacy concerns about a central bank digital currency (CBDC) and declared that physical cash is "not fit" for a digital economy. According to a new paper from the ECB, cash is no longer a useful tool, and a CBDC is the “only solution”…
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