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Mullvad will no longer be able to accept DKK from its customers (mullvad.net)
submitted 2 years ago by to c/privacy@lemmy.ml
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Danish banks have implemented significant restrictions on how Danish kroner (DKK) used outside Denmark can be repatriated back into Denmark.

Due to these circumstances, which are unfortunately beyond Mullvad’s control, Mullvad will no longer be able to accept DKK from its customers. We will continue to credit DKK received until the end of the month, but considering postal delays, it is best to stop sending it immediately.

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[–] 46 points 2 years ago (1 child)

This is part of the law to stop money laundering.

Denmark had issues in the past that pulled money out of Denmark with either cash or money transfers, and therefore banks have to document where big transfers come from.

So this is basically an unfortunate example on how this also hits innocent companies.

But Denmark had to stop it all together, because we are talking about billions being pulled from Denmark this way.

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  • [+] 3 points 2 years ago* (last edited 2 years ago) (3 children)
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  • [–] 1 point 2 years ago

    That doesn't make any sense.

    The US just accepts money laundering is taking place, Denmark tries to do the opposite.

    The US has no many problems, and this is also one of them. Imagine what "billions a day" could fix around the country.

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  • [–] 0 points 2 years ago

    That doesn't make any sense.

    The US just accepts money laundering is taking place, Denmark tries to do the opposite.

    The US has no many problems, and this is also one of them. Imagine what "billions a day" could fix around the country.

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