When you arrive at an airport in France, there's a warning that the maximum sum you can legally carry is 10,000. Also, if you go to a French bank, the people there will look at you with suspicious eyes if you want to withdraw more than 1,000 cash.
Same thing in the USA if i deposit more than $6,000 the IRS is informed. At the airport $10,000 is most you can carry and withdrawing more the 5,000 with out a business account they ask a lot of questions.
Yes its happening worldwide. As the global ponzi scheme of the banks collapses, they will try to block people from getting cash, and slowly loot their bank accounts.
Those are all anti fraud/anti tax evasion/anti money laundering measures, not exactly what we usually call capital controls, you can still use all your money, just not all payment methods are available, if you want to call that capital controls that's fine.
It looks like that but it isn't. It is disguised as AML rules, to prevent petty criminals from stealing 1000? Nah its a joke.
When the real criminals already have millions of $ in their favorite politician's accounts...
Its always easy to disguise it like that but actually its capital control to restrict the herd from accesing their property, while it's slowly getting looted.
Look how many EU banks go bankrupt 1 after the other, if all of them would run on the bank the whole system would fall by tomorrow.
So they have to discourage people from accesing their ponzi investment, otherwise the ponzi scheme collapses, because thats how the global fiat economy works, its a giant ponzi scheme.