Today I read an article about National Bank of Ukraine new law, that requires all banks to set limits for users. This limits would be equivalent to said users declaration in questionnaires that are filled during registration, about their monthly income, and if the user's balance has more income per month that he said that he would have - an account would be frozen, until the users answers the question - where this money is from.
They say, that the idea behind it is to bring out of the shadows a lot of money that can be taxed.
UPD: While working on this article, the NBU (bring out of the shadows) has come out and said, that they are not planning to do so in the nearest future.
Very strange, because the original info is comming from the deputy director of NBU, so I´m guessing that this is a matter of leaked info, before all the details have been finalized. What do you think about this initiative, and it´s possible impact to crypto markets in Ukraine and in Europe in general_ Let me know in the comments, and, as always, thanks for the read, and have a nice day!
