Bitcoin Forum
September 23, 2018, 05:24:00 PM *
News: ♦♦ New info! Bitcoin Core users absolutely must upgrade to previously-announced 0.16.3 [Torrent]. All Bitcoin users should temporarily trust confirmations slightly less. More info.
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: [2018-05-11] Norway’s Largest Bank Has Won a Case Against a Local Cryptocurrency  (Read 32 times)
Vladdirescu87
Sr. Member
****
Offline Offline

Activity: 672
Merit: 261



View Profile WWW
May 11, 2018, 06:38:06 PM
 #1

The district court of Oslo has ruled in favor of the country’s financial market giant Nordea Bank. Given the possible emergence of issues concerning money laundering and other illegal businesses, the bank has a legitimate right to close the account of the cryptocurrency exchange Bitmynt AS.

“The court finds it clear that this risk constitutes an objective reason for the bank to deny customer relationships under the Financial Contracts Act §21,” the Norwegian court stated.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/norway-bank-won-case-against-cryptocurrency-exchange/



░░░░░░▄▄█▀▀▀▀▀▀▀▀█▄▄

░░░░▄█░░▄▄▄▄▄▄▄▄▄▄░░█▄
░░▄█░░▄█░░░░░░░░░█▄░░█▄
░░▄█░░░░▄███▄░░░░░█▄░░
░░░░░░░░░░░░░░░░░
░░░░░░░░█▄░░░░░░░
░░░░░░░░██░░░░░░░░░
░░░░░░░░░░░░░░░░░
░░░░░░░░░░░░░░░░░
░░▀█░░░░▀███▀░░░░░█▀░░
░░▀█░░▀█░░░░░░░░░█▀░░█▀
░░░░▀█░░▀▀▀▀▀▀▀▀▀▀░░█▀
░░░░░░▀▀█▄▄▄▄▄▄▄▄█▀▀
[Facebook] •--»  DECOIN  «--• [Bounty]
[World's leading Cryptocurrency Exchange and Trading Platform]
ANN Telegram Whitepaper Twitter
1537723440
Hero Member
*
Offline Offline

Posts: 1537723440

View Profile Personal Message (Offline)

Ignore
1537723440
Reply with quote  #2

1537723440
Report to moderator
Make a difference with your Ether.
Donate Ether for the greater good.
SPRING.WETRUST.IO
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
dE_logics
Hero Member
*****
Offline Offline

Activity: 616
Merit: 500



View Profile
May 12, 2018, 07:18:58 AM
 #2

Another example of governments having problems tolerating crypto unless they control it.
jjacob
Legendary
*
Offline Offline

Activity: 1540
Merit: 1022


★Nitrogensports.eu★


View Profile
May 13, 2018, 08:12:04 AM
 #3

This is not surprising at all. Banks are not obligated to provide services to all and sundry. They have their terms and conditions and if they suspect that providing services to cryptocurrency companies because of heightened risks, then they are well within their rights. Some banks even refused to provide services to American citizens.


           █████████████████     ████████
          █████████████████     ████████
         █████████████████     ████████
        █████████████████     ████████
       ████████              ████████
      ████████              ████████
     ████████     ███████  ████████     ████████
    ████████     █████████████████     ████████
   ████████     █████████████████     ████████
  ████████     █████████████████     ████████
 ████████     █████████████████     ████████
████████     ████████  ███████     ████████
            ████████              ████████
           ████████              ████████
          ████████     █████████████████
         ████████     █████████████████
        ████████     █████████████████
       ████████     █████████████████
▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
▬▬ THE LARGEST & MOST TRUSTED ▬▬
      BITCOIN SPORTSBOOK     
   ▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
             ▄▄▄▄▀▀▀▀▄
     ▄▄▄▄▀▀▀▀        ▀▄▄▄▄           
▄▀▀▀▀                 █   ▀▀▀▀▀▀▀▄▄
█                    ▀▄          █
 █   ▀▌     ██▄        █          █               
 ▀▄        ▐████▄       █        █
  █        ███████▄     ▀▄       █
   █      ▐████▄█████████████████████▄
   ▀▄     ███████▀                  ▀██
    █      ▀█████    ▄▄        ▄▄    ██
     █       ▀███   ████      ████   ██
     ▀▄        ██    ▀▀        ▀▀    ██
      █        ██        ▄██▄        ██
       █       ██        ▀██▀        ██
       ▀▄      ██    ▄▄        ▄▄    ██
        █      ██   ████      ████   ██
         █▄▄▄▄▀██    ▀▀        ▀▀    ██
               ██▄                  ▄██
                ▀████████████████████▀




  CASINO  ●  DICE  ●  POKER   
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
   24 hour Customer Support   

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
Harlot
Hero Member
*****
Online Online

Activity: 826
Merit: 543



View Profile
May 13, 2018, 10:17:49 AM
 #4

The Norwegian Court must be dumb to think about one bank account can be considered as a threat to other bank accounts. Thinking that one account can possibly be use for criminal activity simply makes other Bank accounts of Nordea the same, it does not make any difference that their bank account is being used to transfer money to their customers. I see how this legal issue goes, but I don't see anyone getting arrested as punishment which means there is doubt on the evidence presented by Nordea against the exchange. Trading cryptocurrency in Norway isn't even illegal, I don't even know how did they convinced their court to ban their account.

.BITSLER.                 ▄███
               ▄████▀
             ▄████▀
           ▄████▀  ▄██▄
         ▄████▀    ▀████▄
       ▄████▀        ▀████▄
     ▄████▀            ▀████▄
   ▄████▀                ▀████▄
 ▄████▀ ▄████▄      ▄████▄ ▀████▄
█████   ██████      ██████   █████
 ▀████▄ ▀████▀      ▀████▀ ▄████▀
   ▀████▄                ▄████▀
     ▀████▄            ▄████▀
       ▀████▄        ▄████▀
         ▀████▄    ▄████▀
           ▀████▄▄████▀
             ▀██████▀
               ▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄             
▄▄▄▄▀▀▀▀    ▄▄█▄▄ ▀▀▄         
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄       
█  ▀▄▄  ▀█▀▀ ▄      ▀████   ▀▀▄   
█ █▄  ▀▄   ▀████       ▀▀ ▄██▄ ▀▀▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█  ▀▀       ▀▄▄ ▀████      ▄▄▄▀▀▀  █
█            ▄ ▀▄    ▄▄▄▀▀▀   ▄▄  █
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█ ▄▄   ███   ▀██  █           ▀▀  █ 
█ ███  ▀██       █        ▄▄      █ 
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀   
▀▄            █        ▀▀      █   
▀▀▄   ███▄  █   ▄▄          █   
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀     
▀▀▄   █   ▀▀▄▄▄▀▀▀         
▄▄▄▄▄▄▄▄▄▄▄█▄▄▀▀▀▀               
              ▄▄▄██████▄▄▄
          ▄▄████████████████▄▄
        ▄██████▀▀▀▀▀▀▀▀▀▀██████▄
▄     ▄█████▀             ▀█████▄
██▄▄ █████▀                ▀█████
 ████████            ▄██      █████
  ████████▄         ███▀       ████▄
  █████████▀▀     ▄███▀        █████
   █▀▀▀          █████         █████
     ▄▄▄         ████          █████
   █████          ▀▀           ████▀
    █████                     █████
     █████▄                 ▄█████
      ▀█████▄             ▄█████▀
        ▀██████▄▄▄▄▄▄▄▄▄▄██████▀
          ▀▀████████████████▀▀
              ▀▀▀██████▀▀▀
            ▄▄▄███████▄▄▄
         ▄█▀▀▀ ▄▄▄▄▄▄▄ ▀▀▀█▄
       █▀▀ ▄█████████████▄ ▀▀█
     █▀▀ ███████████████████ ▀▀█
    █▀ ███████████████████████ ▀█
   █▀ ███████████████▀▀ ███████ ▀█
 ▄█▀ ██████████████▀      ▀█████ ▀█▄
███ ███████████▀▀            ▀▀██ ███
███ ███████▀▀                     ███
███ ▀▀▀▀                          ███
▀██▄                             ▄██▀
  ▀█▄                            ▀▀
    █▄       █▄▄▄▄▄▄▄▄▄█
     █▄      ▀█████████▀
      ▀█▄      ▀▀▀▀▀▀▀
        ▀▀█▄▄  ▄▄▄
            ▀▀█████
[]
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!