Article: Bitcoin Ban Upheld at Danske Bank Amid Growing Client Demand

Article - Media

Bitcoin Ban Upheld at Danske Bank Amid Growing Client Demand

Christian Wienberg and Niclas Rolander, 18 June 2021

Danske Bank A/S says it won’t lift a ban on trading Bitcoin and other cryptocurrencies on its platforms, despite growing interest from clients.

Denmark’s biggest bank pointed to a lack of transparency and regulation in crypto trading, in a statement on its website. It also warned of volatile and “opaque” pricing, and noted that the carbon footprint of mining cryptocurrencies is at odds with Danske’s goal of doing sustainable banking. Continue reading “Article: Bitcoin Ban Upheld at Danske Bank Amid Growing Client Demand”

THE DOLLAR HAS NO INTRINSIC VALUE : DO YOUR ASSETS?