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NEWS: Italian PM tells shoppers ‘cash is king’ just as Brussels AML plans aim to make paper money transactions less attractive

AI & ML: Italy currently holds the rotating chair of the Group of Seven (G7) major democracies. Prime Minister Giorgia Meloni (l with European Commissioner Ursula von der Leyen, has said AI will be among the key issues of the 2024 presidency which will culminate in a leaders' summit in the middle of June.

By AMLi Correspondents NEW ITALIAN right-wing PM Giorgia Meloni wants shoppers to use cash in more transactions – bucking a global trend towards electronic currency. Meloni dismissed card payments as “private money,” urging consumers to ditch tapping in favour of paper money purchases. Meloni has claimed there is no link between cash payments and tax…

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