Nordea imposes Bitcoin ban across all of bank's departments
Biggest Nordic bank board agrees to take stand due to 'unregulated nature' of market
The biggest Nordic bank has told its employees not to trade Bitcoin and other cryptocurrencies, in a move that may lead the European Banking Federation to review its official stance on the products.
Nordea Bank will impose the ban from February 28, after the board agreed to take a stand due to the "unregulated nature" of the market, spokeswoman Afroditi Kellberg said by phone. The bank had about 31,500 employees at the end of the third quarter.
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