NORDEABANK ABP has abandoned its previous resistance to cryptocurrencies, a clear indication that the banking industry has gradually embraced this once-shunned asset class. Nordea Bank had previously adopted a “cautious approach” to cryptocurrencies due to their unregulated nature and lack of investor protection at the time. However, in a statement published on its website on Thursday, Nordea stated that it now considers the “market to have matured.” Consequently, the bank has “decided to allow clients to trade externally developed cryptocurrency-related products on its platform.” The product Nordea offers to its clients is a type of