Nordea Bank Sweden is banning employees from ownership of Bitcoin

According to the current guidelines of Nordea Bank Sweden, around 30,000 employees are said to be forbidden to own and trade in cryptocurrencies. The management of this leading Scandinavian financial group has long been known to be very skeptical about cryptocurrency.

The Finnish management should have forbidden the approximately 30,000 employees even the possession or trade with bitcoin and other cryptocurrencies. According to the secret source, the Bitcoin ban should invariably affect all employees. So also secretaries, for example, employees of IT and even the cleaning staff of the Swedish Nordea Bank . We sent a press request to the company via Twitter that has not yet been answered. Should a statement appear, we will deliver it in a timely manner.

CEO Björn Wahlroos commented in the Finnish press in 2014 that Bitcoin has attracted attention, especially for various money laundering and security scandals. He argues that who deposits his money at an online trading center, should allegedly act in much the same way as if one treats his purse carelessly. Another online magazine told Wahlroos that Bitcoin is not an official currency, but merely a tool for sharing communities on the Internet. In his opinion, he could not be successful in the long run.

As Bloomberg in December last year reported , Nordea manager Casper from Koskull described the Bitcoin as a " joke " and " absurd construction ." Basically, the bank does not want to have anything to do with such speculation. It makes no sense to offer this currency to the mainstream, especially as it is so often mentioned in the same breath as various offenses. "How does the Bitcoin fit on the topic of regulation and financial breaches?" , Was quoted by Koskull. Bitcoin would take the expensive control systems of the financial system to absurdity because there is no control over it. The manager could not understand why Bitcoin was still allowed in this context.

Update:Business Insider Editor John Stanley Hunter informed me on Monday via Twitter that he had received a message from the Nordea spokesman saying that there should not be any restrictions on the ownership of crypto currencies for employees. An answer to our request is still pending.

Update: Today, the internal rules of Nordea Bank were leaked to us (see screenshot on the left), according to which employees are forbidden to trade in cryptocurrencies. Exception: It is done on behalf of the client, it is a service of the bank itself or one of the superiors has explicitly allowed it. Since one asks oneself in the light of the excerpt, who said or lied here the truth! ?? The anonymous whistleblower or spokesman for the bank !?

Skepticism does not include blockchain technology
The Scandinavian financial group is less skeptical about the blockchain technology. In December 2017, Nordea Bank announced that it is partnering with IBM to support a blockchain-based trade consortium as a founding partner. By the way, other founding members are Santander Bank, HSBC, KBC, Natixis, Rabobank, Société Générale, Deutsche Bank and UniCredit.