Nordic banking giant Nordea bans employees from trading cryptocurrencies
01/24/2018 General World News
price of bitcoin

This story was delivered to BI Intelligence “Fintech Briefing” subscribers. To learn more and subscribe, please click here.

Nordea, one of the biggest banks in the Nordics, has banned its 31,500 employees from trading cryptocurrencies, citing high volatility and inadequate investor protection in the asset class.

Employees who already own cryptocurrencies will not be forced to sell their holdings, although they’re strongly recommended to do so. The ban will go into effect on February 28.

This is a highly unusual move, and points to a deeper concern the bank may have. A read more >>>

Source:: BusinessInsider.Com

Comments are closed
BusinessMediaguide.Com Independent, Global Business Media Network © 2020. ALL RIGHTS RESERVED. BusinessMediaguide.Com is not responsible for the content of external sites!... Beta...

Privacy policy