Nordea Bank Faces Allegations of Laundering Russian Millions

Nordea Bank Scandal: Firm Faces Allegations of Laundering Russians' MillionsFinnish public broadcaster YLE will air a damning program on March 4 that reveals Nordea Bank’s alleged involvement in a multi-million-dollar money laundering scheme. The program will show how dirty money, mostly from Russian criminals, passed through Nordea, the biggest lender in the Nordic region. Also read: Startup Company Sets Up Bitcoin ATM in Botswana […]

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Fund Providers Insist There’s Enough Market Liquidity for a Bitcoin ETF

For years, bitcoin exchange traded funds (ETFs) have been struggling to get off the ground and receive approval from the U.S. Securities and Exchange Commission (SEC). Passive fund providers are now arguing there is sufficient market liquidity for a bitcoin ETF to be launched in 2019.  Also read: SEC Wants Second Look at Nine Bitcoin ETFs […]

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Nordic Region’s Largest Bank Nordea Suspected of Money Laundering

Nordic Region’s Largest Bank Nordea Suspected of Money LaunderingThe largest bank in the Nordic region, Nordea, is reportedly suspected of being part of a major international money laundering scandal. The scheme allegedly involved a Russian client and took place over multiple years at an international branch of the bank that is now closed. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator […]

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Norwegian Court Rules Nordea Bank Can Close Account of Crypto Exchange

Norwegian Court Rules Nordea Bank Can Close Account of Crypto ExchangeA Norwegian district court has ruled in favor of Norway’s largest bank against a local cryptocurrency exchange. The court says the bank has full rights to close the account of the exchange, citing money laundering risks and criminal activities associated with bitcoin trading. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Court Ruled in […]

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

Whistleblower Details Big Bank’s Plans to Prohibit Employees Owning BitcoinThis 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 […]

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