Absolutely ridiculous to even be in a position to consider a ban. I'm really surprised a nordic bank has taken this stance, especially when Nordic countries were among the first to migrate to digital money and already lead the world's charge towards paperless currency. Blockchain based currencies is only a further step forward here. Perhaps there is a back story no one is aware of, perhaps even something that involves the "whistleblower".
It sounds like someone just had some backroom drama and it escalated thanks to intervention from clueless management.