In a forward thinking and progressive move, Norway’s largest internet-based bank, Skandiabanken, has recognised Bitcoin as an investment asset and payment system. They have added a new feature tethering bitcoin accounts to the company’s web bank platform. Now their customers can access Coinbase accounts alongside their normal bank accounts.
“We acknowledge that this is something people want to put their money into,” says Hernæs, Skandiabanken executive. “Then we think it is the right time to look at new solutions we can offer. We think it’s a better approach than categorically thinking that this is scary.”
Will other banks follow suit? Good chance they will, it’s called progress.
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