Norway’s Largest Online Bank Adopts Direct Bitcoin Integration

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While many in the banking industry around the world are trying to figure out how to beat Bitcoin, from developing their own private blockchains to supporting restrictive compliance regulations, at least one bank has adopted a “join ‘em” attitude.

The Norwegian Skandianbanken, independent of its Swedish counterpart, is rolling out a new feature which allows customers to integrate their Bitcoin wallets, checking the value of their holdings at the same time they check their bank accounts, according to local publication E24.

Skandianbanken banking with bitcoinSkandianbanken banking with bitcoin

Photo credit E24, courtesy of Skandiabanken

Blockchain Banking

Earlier this year, professional services firm PricewaterhouseCoopers released the Global Fintech Report. This report, based on a survey of over 1,300 financial services executives, reveals that cryptocurrencies and blockchain have gained enough momentum, despite the continued struggle with regulators, that major

Read more ... source: CryptoCoinsNews

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