Yes, I also closed my account at a different bank for this reason. However, my current bank stated that if I didn't comply, they might put me on a blacklist shared with all the banks, thereby risking that I get excluded from the financial system.

bitcoin

Bank freezes my account for four months over bitcoin P2P trade

Don't tell me... Couple of years ago my bank said they will cancel my bank account and report me in the bank system if I do not report and prove what kind of cryptos I bought. They wanted to know where I bought, from who I bought from. How many times. The amount and so on and on. They wanted to know even back to many years. I told them that there is nothing what force me to do this and they are welcome to close my account and report me. Since then many other banks kicked me out but never again I leave significant amount of money in the bank. FUCK THE BANKSTERS 