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Nordea Bank Allows Customers to Trade Synthetic ETPs Linked to Bitcoin on Its Platform
Summary: According to Bloomberg, one of the largest banks in the Nordic region, Nordea Bank Abp, has announced a shift in its stance on cryptocurrencies, allowing customers to trade synthetic Exchange-Traded Products (ETPs) linked to Bitcoin on its platform. Nordea stated that due to the lack of regulation and investor protection in the crypto market in ...
According to Bloomberg, one of the largest banks in the Nordic region, Nordea Bank Abp, has announced a shift in its stance on cryptocurrencies, allowing customers to trade synthetic Exchange-Traded Products (ETPs) linked to Bitcoin on its platform. Nordea stated that due to the lack of regulation and investor protection in the crypto market in the past, the bank had maintained a 'cautious attitude,' but now that the market has matured, they have decided to open up trading for these products. However, the bank emphasized that it will only provide a trading channel and will not offer investment advice on these products.
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Link: Nordea Bank Allows Customers to Trade Synthetic ETPs Linked to Bitcoin on Its Platform [Copy]
