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The Netherlands wants to monitor all payments above 100 euros: “Opens the door to unprecedented mass surveillance”.
Oct. 31, 2022, 2:58 p.m. | /u/OnIySmeIIz
Privacy & Freedom in the Information Age www.reddit.com
Via Google Translate:
The Netherlands wants to oblige its banks to store all transactions above 100 euros in a large database. Critics warn of a catastrophic invasion of privacy law.
The Dutch government's plan to track almost all of its citizens' transactions would be a preparatory step for the implementation of a digital central bank currency (CBDC). Via such a “digital euro” only the smallest payments would then remain anonymous to the central bank.
The details: The Dutch government …
mass surveillance monitor netherlands payments privacy surveillance
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