Norway’s Largest Bank Favours Bitcoin, Simplifies its Purchase and Usage
Norway’s largest bank DNB ASA, simply known as DNB, introduced a new feature on its app called Vipps, which enables anyone in the country to pay businesses with credit cards or bank accounts. The app, which operates like PayPal, can be used to send payments to anyone in the region by simply entering a mobile number, email address or a username. Norwegians can now purchase Bitcoin with credit or debit cards through Bitcoins Norway, without any excessive user verification and authentication. How to purchase Bitcoin in Norway? Bitcoins Norway, a prominent Norwegian Bitcoin exchange, has....
Related News
DNB, Norway’s largest bank, has dismissed Norges Bitcoinforening, a recently-formed, non-profit bitcoin association, over concerns about terrorist financing and money laundering, according to e24.no, a Norwegian news site. Norges Bitcoinforening has since decided to take its business elsewhere. The association opened a bank account in August to receive dues and donations which can be made in bitcoin. DNB advised the association within three weeks that they were no longer a customer. The notice said, “DNB can not be confident about the association’s money has no connection with money....
Norway’s largest bank DNB proposes to stop using cash as a means of payment in the country. According to the DNB bank’s executive Trond Bentestuen, more that half of all cash transfers in the country are made without the banks’ control, and so could be used for illegal purposes. He commented to local news media outlet VG.no: “Today, there is approximately 50 billion kroner in circulation and [the country’s central bank] Norges Bank can only account for 40 percent of its use. That means that 60 percent of money usage is outside of any control. We believe that is due to under-the-table money....
Shortly after the newly founded Norges Bitcoinforening opened an account with Norway’s largest bank, the company received notification its account would be terminated. DNB ‘Cannot Be Confident’ in Bitcoin-Related Account. Norges Bitcoinforening (Norway Bitcoin Association), “an organization for everyone who cares about Bitcoin and other....
On July 12 the Switzerland-based private bank Falcon Group announced the bank will offer bitcoin asset management for their customers. Through a partnership with Bitcoin Suisse AG, the bank’s clients will be able to purchase and store the decentralized currency using their account funds. Falcon Group Becomes the First Swiss Private Bank to Offer XBT/BTC....
Famous actor Matt Damon is starring in an ad for cryptocurrency platform Crypto.com. The ad, called “Fortune Favours the Brave,” is directed by Oscar-winner Wally Pfister and will be aired in more than 20 countries. The crypto platform “shares my commitment to empowering people around the globe with the tools needed to take control of their futures,” said Damon.
Matt Damon Featured in Crypto.com Ad Campaign
Cryptocurrency platform Crypto.com announced a global ad campaign Thursday starring Hollywood actor Matt Damon. CEO Kris Marszalek tweeted:
....