Europe EditionMinister Calls for France to Become 'Cashless Society'
- French Justice Minister Gérald Darmanin proposed banning cash to combat crime, especially drug dealing, during a May 2025 Senate hearing.
- This proposal follows tightening cash restrictions in France and the EU and coincides with a 2027 EU directive capping cash transactions at €10,000 to curb illicit flows.
- A 2024 Banque de France survey showed 62% of people prefer card payments, yet 60% still value cash for privacy and budgeting reasons amid rising digital payments.
- Darmanin explained that much of everyday crime and organized criminal groups depend on cash, and he emphasized that cryptocurrencies are generally more traceable than physical currency.
- The proposed cash ban could face public resistance but aims to reduce untraceable transactions despite expected shifts to monitored cryptocurrencies.
18 Articles
18 Articles
What if the Minister of Justice had only revealed the terrible plan of the elites? Conspiracy spheres do not doubt it.
To combat drug trafficking, the Minister of Justice, Gérald Darmanin, proposed to eliminate the use of cash, in order, according to him, to better trace the money and stop the traffickers. But is such a measure really possible?
On Thursday, the Minister of Justice referred to a radical measure to combat drug trafficking: the end of cash. Such a measure "would prevent the creation of deal points", says Gérald Darmanin. It remains to convince the French, always very attached to liquidity payments. - Why does Gérald Darmanin suggest to remove cash? (Company topics).
While it recognizes that the measure is currently inapplicable, the Minister of Justice believes that the end of the species would improve the traceability of cash.
Le Figaro
franceinfo.frThe Minister of Justice believes that cash, which is difficult to trace, allows criminal networks and daily fraud to survive.
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- 43% of the sources lean Left, 43% of the sources lean Right
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