An internet-only bank based in Norway has integrated with digital currency exchange startup Coinbase.
According to local news service E24, Skandiabanken – a digital bank owned by savings and investments provider Skandia – will let users connect their accounts with a Coinbase one, allowing them to view their cryptocurrency balances and values.
In translated statements, representatives for Skandiabanken – claimed to be the largest bank of its kind in the region – said the launch represents a shifting stance toward digital currencies.
"We recognize cryptocurrency as an investment class on an equal footing with other securities," Christoffer Hernæs, the bank’s chief digital officer, told the publication.
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