Whistleblower Details Big Bank's Plans to Prohibit Employees Owning Bitcoin

This week News.Bitcoin.com carried the breaking story alleging employees of giant Northern European bank Nordea were being forbidden by company policy from owning or trading cryptocurrency. Since publication, a bank employee, who wishes to remain anonymous, forwarded evidence the large institution is indeed going ahead with such plans.

Also read: Swedish Bank Allegedly Forbids Employees from Owning Cryptocurrency

Nordea Bank Whistleblower

Word spread 12 January 2018 on Twitter Nordea Bank “forbids all their employees (at least in Sweden) to stop owning and trading $btc and other crypto currency. This applies to secretaries, IT personal, cleaners and any bank staff employed by the company. Is it legal even?,” asked Twitter user @samisin.

Nordea Bank AB has more than half a trillion dollars in assets, and is one of the largest banks in Northern Europe. Its alleged move against employees’ cryptocurrencies were not all that surprising when placed in the backdrop of the bank’s executive team’s disparaging public comments. Executives have long worried about cryptocurrency and its lack of regulation, and more recently complained about the fact bitcoin was allowed to exist without jumping through all the hoops of the traditional banking system, referring to the phenomenon as “a joke.”

Whistleblower Details Big Bank's Plans to Prohibit Employees Trading Bitcoin

Bitcoin’s value, however, is exactly that: it could not have existed if brought through the regular cartel channel of state-backed banks such as Nordea. Its precise reason for being is to defy minders and bureaucratic middle persons, landing in the hands of ordinary, uncredentialed and unlicensed peoples.

After News.Bitcoin.com published the story, a whistleblower came forward with documentation on the assurance of anonymity.

According to memorandums obtained by News.Bitcoin.com, a decision by Nordea’s board was made 13 December Read More Here