CRYPTO: Whistleblower Details Big Swedish Bank’s Plans to Prohibit Employees Owning Bitcoin.

According to memorandums obtained by News.Bitcoin.com, a decision by Nordea’s board was made 13 December 2017. The message’s import was to affirm no employees of the bank were allowed to trade bitcoin nor other cryptocurrencies. When queried about what to do with crypto already held by employees, an answer was not immediately forthcoming.

The memos were pulled from Yammer, a social networking site used by some businesses for private communication. Its network is open by invite only.

A second communication from the bank further outlined coming policy: The ban will be effective late February due to “its highly speculative nature, including high investment/volatility risk, and the related tax evasion and money laundering risks,” the source details. New rules also include how unless “otherwise stated, the rules set forth in this section apply to all transactions. Therefore, it is irrelevant whether they are carried out on [a personal] account, on behalf of a Closely Related Person, a customer, the Group, or on behalf of another party within or outside the scope of work,” the memo reads.

Furthermore, “No Employee, Service Provider or Tied Agent at the Group may: Conduct trading in Bitcoins and other Cryptocurrencies.”

There are a few exceptions listed, but if true, these new rules make it look as though at least one bank is a little spooked by cryptocurrencies.