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VisitWhich asset type will face the most opposition in the EU's asset registry initiative by end of 2024?
Cryptocurrencies • 25%
Real estate • 25%
Precious metals • 25%
Bank accounts • 25%
Public statements, news articles, and official documents detailing opposition arguments
EU Plans Comprehensive Database and Asset Registry of Citizens to Combat Money Laundering and Terrorism
Jul 23, 2024, 08:05 PM
The European Union (EU) is planning to create a comprehensive database and asset registry of all assets owned by its citizens. This initiative aims to combat money laundering and terrorism financing. The proposed registry would include details of bank accounts, cryptocurrencies, real estate, precious metals, cars, watches, and art. Critics argue that this move represents a shift towards a dystopian control society and raises concerns about potential asset seizure and increased governmental control over personal wealth.
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