A Major Change from the Giant European Bank That Once Banned Bitcoin! "Gives Bitcoin the Green Light!"

Scandinavia's largest bank, Nordea Bank, has changed its stance on cryptocurrencies in the face of growing adoption and regulatory ￰0￱ bank, which has long maintained a tough stance against Bitcoin and cryptocurrencies, has been put off by the growing ￰1￱ this point, Nordea Bank said it will offer its clients a Bitcoin (BTC)-linked ETF starting in December. “We have closely followed the maturation of the cryptocurrency market and the evolution of the regulatory ￰2￱ we think now is the time to offer relevant products to meet customer ￰3￱ will have access to the Bitcoin ETP launched by crypto asset manager ￰4￱ this move, Nordea plans to allow its customers to trade Bitcoin directly without seeking investment ￰5￱ manages $286 billion in assets and has a customer base of over 10 ￰6￱ this point, Nordea's decision is interpreted as a strategic change due to the rapid institutionalization of the cryptocurrency market, regulatory clarity, and increasing investor ￰7￱ is also stated that Nordea Bank’s decision was influenced by developments such as the EU’s launch of the Crypto Asset Markets (MiCA) ￰8￱ announced in 2018 that it was banning employees from buying or holding Bitcoin due to concerns about the unregulated nature of the cryptocurrency ￰9￱ its earnings report, it stated that it had “no risk appetite or direct exposure to cryptocurrencies.” *This is not investment ￰10￱ Reading: A Major Change from the Giant European Bank That Once Banned Bitcoin!

"Gives Bitcoin the Green Light!"