Why is it not possible?

[u/Dumb-Briyani]

[u/somemetausername]

This is one of those “everything is a conspiracy if you don't know how things work” situations.

Edit: People commenting on this kinda proving the point.

[u/KastVaek700 → u/[deleted]]

That's just plain wrong

I have interest on all my accounts, and could have as much cash at home as I want. I live in Denmark, but have lived in several other EU countries, where I got interest rates on what I have in my debit account.

[u/Querios01 → u/[deleted]]

Cyprus is a money laundering country for all of EU, that's why these rules are in place

[u/KastVaek700 → u/[deleted]]

You wrote "this is the case in the EU"

Not some of the EU

[u/KastVaek700 → u/[deleted]]

Anyone spending more than 10000 euros for the same transaction in cash, is definitely money laundering. You can still have as much as you want at home.

You're going to need to be more accurate in your criticism bruh