FRANKFURT, Germany (AP) — The 500-euro bill is being discontinued after criticism that the banknote had become a handy aid to money laundering.

The European Central Bank is phasing out the €500 banknote, in part because of its links to criminal activity. This marks the beginning of the end of the 500 euro bill. The European Central Bank ...

The European Central Bank, after much hand-wringing in recent months that the 500 euro note is primarily being used for illegal and illicit activities, voted this week to stop their production two ...