Major Blow Dealt in Danish Court: Bitcoin Not Suitable for Bank’s Staff
A Danish court today ruled that Nordea Bank Danmark A/S has the right to say whether its employees can invest in Bitcoin. According to a report in Bloomberg citing the recent verdict of a Copenhagen labour court the Danish bank Nordea Bank Danmark A/S has won a legal challenge brought against it by the nation’s union for financial industry employees.
The court sided with the financial institution and said that it had the right to prevent employees from buying Bitcoin or other crypto assets. Despite Nordea being clearly averse to the supposed criminal risks of Bitcoin, Twitter-based crypto market analyst Rhythm (@Rhythmtrader) reminded followers that the very same financial institutional was raided earlier this year by authorities for none of than the crime of money laundering.