Internal committee Rabobank: not cooperate in Bitcoin trading – update




Rabobank should not contribute to the facilitation of trade Bitcoin. That takes the Ethics Committee of the Rabobank. This is not to say that payments are locked. Bitcoin exchanges by the bank

The opinion of the committee, which earlier dates this month, is that there are objections to Bitcoins and other digital currencies, because there is no supervision of the government and the virtual currencies so could be used for criminal activities such as money laundering, trafficking in child pornography and drug trafficking. According to a document Tweakers by whistleblower site Publeaks got in your hands. The document also states that customers who deal in Bitcoins should get a ‘higher risk’ but what is meant is not clear.

According to spokeswoman Marie-Christine Reusken judgment is independent of a “malfunction” last week, so no payments to the Dutch Bitcoin exchange Bitonic were possible. At that time, customers were all told that the change was made after the opinion of the Ethics Committee, but Reusken denies a possible link between the two events ..

It is not clear what the ethics committee mean by facilitating trade in Bitcoins. There should note that payments may be intended for exchanges in Bitcoins and other virtual currencies can be restricted: in performing those payments is the trading conducted on those exchanges indeed facilitated. According Reusken, however, is not there. “It’s for example, that wants to borrow to start a Bitcoin exchange at Rabobank someone money,” said Reusken.

According Reusken is not binding.’s Opinion also the ethics committee How the issue will develop is impossible to say. “Sometimes the policy is tightened,” said Reusken. “But you can not infer from what Rabobank will do with Bitcoins,” she also says. “Even the finance minister does not know what to do with Bitcoins,” she says.

At the same time, the decision could “eventually lead to policy,” admits Rabobank spokeswoman. The Ethics Committee previously found that there are companies that have ties to the arms industry must be, before they may be. Customers scrutinized By now it has become policy at the bank.

In addition, individual Rabobank branches that have to do with Bitcoins would Reusken according to their own conclusions from the opinion of the Ethics Committee may draw, though it is not clear how the branches thus might encounter. De Nederlandsche Bank is currently conducting a study on the dangers of Bitcoin, said the ANP.

Update, 20:11: In the piece, and the head is clear that it does not facilitate Bitcoin trading does not directly mean that payments will be blocked at Bitcoin exchanges. What exactly is meant by “facilitating Bitcoin trade ‘is not clear.

Rabobank and bitcoins \

Internal news about the opinion of the Ethics Committee of the Rabobank



In: Technology & Gadgets Asked By: [15576 Red Star Level]

Answer this Question

You must be Logged In to post an Answer.

Not a member yet? Sign Up Now »