Dutch bank ABN AMRO ditches its Bitcoin wallet because it’s ‘too risky’

2019-5-20 11:30

Dutch bank ABN AMRO has decided to cancel its plans for a custodial cryptocurrency wallet, called Wallie, claiming that digital assets are “just too risky. ” Back in January, the rumor mill spun into action after images surfaced on Twitter that appeared to suggest Dutch bank ABN AMRO was designing a cryptocurrency wallet.

But now the bank’s senior press officer, Jarco de Swart, confirmed to Hard Fork in an email that the bank has “decided not to follow up on the Wallie enquiry [sic]. ” “We have approached all the people who have shown interest,” he continued. “We have concluded that cryptocurrencies…

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Dutch Central Bank Against Crypto, But Won’t Move To Regulate

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2018-8-3 13:00


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According to an executive at the Dutch financial institution ABM AMRO Bank, the banking system that we currently know may be overthrown by blockchain technology. The company is already working with financial institutions that use Hyperledger technology with the intention to offer new financial services and products, including the tokenization of securities. An executive of […]

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