Nordea Imposes cryptocurrency Ban on Bank's employees

[CryptoGirl]

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 AB will impose the ban from Feb. 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.

Danske Bank A/S, the second-biggest Nordic bank, said it discourages employees from trading Bitcoin but has yet to decide whether a full ban is required. “We’re skeptical toward cryptocurrencies and are advising our employees not to trade them, but we don’t impose an actual ban,” Danske spokesman Kenni Leth said in an email. “We’re currently analyzing the situation and time will tell whether there’ll be a formal ban.”

https://www.bloomberg.com/news/articles/2018-01-22/nordea-bans-employees-from-trading-bitcoin-spokeswoman-says