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Mullvad will no longer be able to accept DKK from its customers (mullvad.net)

submitted 5 months ago by [email protected] to c/[email protected]

43 comments fedilink hide all child comments

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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[–] [email protected] 47 points 5 months ago (1 children)

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.

[–] [email protected] 3 points 5 months ago (3 children)

It's also just the scale of Denmark. The US has billions pulled from the US every day and it's not a problem but the US isn't a small country of 6 million people.

[–] [email protected] 1 points 5 months ago (1 children)

That doesn't make any sense.

The US just accepts that 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.

[–] [email protected] 2 points 5 months ago

That doesn't make any sense. Currency outside a nation isn't laundering, USD is used as a trade medium around the world even when not trading with US banks or entities. Idk why you're saying that "billions a day" is taxpayer money or something and it wouldn't fix around the country, it'd go into the military like usual.

[–] [email protected] 1 points 5 months 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.

[–] [email protected] 0 points 5 months 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.