French justice minister calls for abolishing cash

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Gerald Darmanin has argued that digital transactions are much easier to trace France’s Justice Minister Gerald Darmanin has proposed abolishing cash transactions, arguing that digital payments – including cryptocurrencies – are much easier to trace than physical money and would help authorities combat drug trafficking and other criminal activity. Speaking before a Senate commission on Thursday, Darmanin said that “a large part of daily delinquency and even criminal networks rely on cash,” and

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