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BTC61,129-2.59%ETH1,622.3-3.33%SOL63.48-4.30%BNB583.89-2.30%XRP1.10-4.94%ADA0.1599-4.95%DOGE0.0832-2.96%AVAX6.47-3.90%LINK7.65-3.36%DOT0.9310-4.10%BTC61,129-2.59%ETH1,622.3-3.33%SOL63.48-4.30%BNB583.89-2.30%XRP1.10-4.94%ADA0.1599-4.95%DOGE0.0832-2.96%AVAX6.47-3.90%LINK7.65-3.36%DOT0.9310-4.10%

#banks

3 stories
‘I Should Never Have Called My Bank. It Cost Me Five Million Kroner.’
BREAKINGMarketsJun 3

‘I Should Never Have Called My Bank. It Cost Me Five Million Kroner.’

A 34-year-old’s attempt to do the "right thing" ended in financial disaster. As Norwegian banks lose billions on bad crypto bets, regular customers are being punished for cashing out—raising a critical question: Is your bank blocking you to protect you, or to protect itself?

More than 32,000 bank employees barred from investing in crypto
BREAKINGPolicyMay 21

More than 32,000 bank employees barred from investing in crypto

Thousands of employees at Denmark’s largest banks are prohibited from investing in cryptocurrencies due to concerns tied to money laundering, criminal activity, and compliance risks.

Crypto vs Banks: Why Your €1000 Is a Nightmare for ING, Rabobank and ABN Amro
MarketsApr 15

Crypto vs Banks: Why Your €1000 Is a Nightmare for ING, Rabobank and ABN Amro

While Dutch banks pay billions in fines for money laundering, ordinary citizens trying to withdraw their own money for crypto are treated like criminals. A former fraud employee reveals: "That €1000? We’re not going to talk about it."