Re: Bank in Norway now supports Bitcoin

Quote from: pearlmen on May 14, 2017, 04:02:53 PM

Quote from: Celsiuss on May 14, 2017, 03:10:31 PM

A bank called Skandiabanken in Norway now supports Bitcoin. However you cannot purchase the Bitcoins through the bank, you'll be redirected to Coinbase in order to buy.

I don't have this bank myself, so I cannot test this. It seems like it's just linked to Coinbase and the bank does not store the coins on their servers.

This feature is in a beta phase, and the laws in Norway could cause conflicts. I think this is a huge step, and I hope this will soon be supported in more banks. This feature is mainly for investors, you cannot use it to pay bills and such.

Here's a link to the article translated to English: https://translate.googleusercontent.com/translate_c?depth=1&nv=1&rurl=translate.google.no&sp=nmt4&tl=en&u=http://e24.no/privat/bitcoin/naa-faar-du-bitcoin-i-nettbanken-kan-ikke-fornekte-ny-teknologi/23996559&usg=ALkJrhjVd47hlRvCuPcMw4r7-8SKmywfYw

Wow, that's another good news coming from that end and gradually the penetration is happening. What is next is for them to deploy all their infrastructure to support bitcoin rather than the referral that is currently being obtained and this can be replicated to other countries gradually.

I see this referral approach as being indispensable if Bitcoin integration with banks is going to make any headway, other than that, the books would be opened to regulation page and all the strict requirements that goes with it outlined and we would be back at 1. I found this bank only exist online:

Quote

Storbanken, which has no branches and is only available online, now takes digital currency investors into the heat:

Do we play the Ostrich with that because this is just a desirable step?