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Tuesday 3 December 2019

Danish bank staff banned from buying Bitcoin with their own money — urged to dump holdings


A Danish bank has successfully won a court case that means it can now prevent its staff from buying Bitcoin and other cryptocurrencies. That sounds fine on the surface, but a potential ban doesn’t refer to buying cryptocurrency “on the job,” it extends into employees’ private lives. According to a release made by Danish court yesterday, Nordea Bank is now free to prevent its staff from buying and trading cryptocurrencies in their own time, Bloomberg reports. They are also banned from buying crypto on behalf of others too. How the bank will enforce a ban and what happens if someone…

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