Post
Topic
Board Bitcoin Discussion
Re: Bank in Norway now supports Bitcoin
by
Zadicar
on 16/05/2017, 13:28:15 UTC
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
This is a good news that a bank do already recognize bitcoin but doesnt mean they do store it which is somehow useless at all if they do redirect users to coinbase and its just like all the same on purchasing directly to coinbase.Seems like they are just making partnership? What you think? I would rather choose to use my own bitcoin wallet than bothering on buying btc through banks.