Northern Europe's largest financial group put in a prohibition for it's employees to buy Bitcoin and cryptos. Affecting 31000 employees.

in #banks6 years ago (edited)

The prohibition are not welcome amongst the employees, and the union (of all) are speaking about taking this to court.

Which kind of confirmes I was on to something in this post I wrote about the Korean situation some days back.

Still they do have emplyed a blochchain expert that openly confirmes he owns both Bitcoin and Ethereum. Nordea do say that they don't demand employees already invested in crypto to sell their holdings.

Well, getting past this prohibition shouldn't require all that big of an effort, basically one can use your wife, mother or brothers card on Coinbase, so one can really question if they really have thought this properly through. To say it as it is, it's really a damned stupid prohibition just making the employees less loyal to their employer.

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DNB, another big financial group we have in Norway confirmes that they do not have any plans to do anything similar.

Sources:
E24.no
finans.borsen.dk
Nordea-Wikipedia

@deismac

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The message is simple: Don't dare to try getting out of wage slavery.

Could be simply that they want to keep their emplyess right :) Then again, that would probably work the opposite of the intention in that case :)

Very bad of Nordea to deny their employees to buy crypto, this is Nodea in a nutshell,,,

Yes, don't like that bank. Still they must have done something right to become the largest financial group in northern europe. Probably very good lobbyist at their payroll looking at how fond they are of regulations. Well, they are in for a surpice in the coming years. :)

Banks should be actively funding cryptocurrency training for their employees, instead they attempt to control what cannot be controlled. Plain madness. Old money is bound to be replaced with new money.

Absolutely! Cheers!

That's what you get from leftist governments

This time it wasn't the government, but they go hand in hand. Banks likes regulations as it keeps the competition away, and leftist gorvernments like to regulate banks, and pretty much everthing else down to the smallest details in your life.

This post has received gratitude of 1.97 % from @appreciator thanks to: @deismac.

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