The post Denmark’s largest bank, Danske Bank, to offer Bitcoin and crypto trading appeared on BitcoinEthereumNews.com.

Danske Bank has announced the launch of Bitcoin and Ethereum exchange-traded product (ETP) investment services for its online and mobile banking customers. This move has put an end to an eight-year “ban” on crypto-related services. “The ETPs give exposure to Bitcoin and Ethereum in an easy and simple manner without investors having to have a digital wallet to store the cryptocurrencies, thus avoiding the inconvenience and risks that may entail,” the bank shared in the release.  Kerstin Lysholm, Head of Investment Products and Services at the bank, stated that this move is a response to growing customer demand. She noted that the crypto market has become “better regulated” in the past few years, especially with the implementation of the EU’s Markets in Crypto-Assets Regulation (MiCA).  “As cryptocurrencies have become a more common asset class, we are receiving an increasing number of enquiries from customers wanting the option of investing in cryptocurrencies as part of their investment portfolio,” she said. Danske Bank says it does not recommend crypto as an asset class Danske Bank had previously taken an unaccommodating stance towards crypto. In 2018, the financial institution refused to offer or support any kind of crypto trading through its platforms.  In that year’s report, the bank noted that, “Overall, we are negative towards cryptocurrencies and we strongly recommend that our customers avoid investing in cryptocurrencies.”  It later renewed its internal ban on crypto in 2021. Despite the launch of the ETPs, Danske Bank continues to emphasize that it does not recommend cryptocurrencies as an asset class. It classifies them as “speculative investments” rather than long-term investment options. Therefore, the bank declared that it doesn’t offer advisory services for cryptocurrencies. Lysholm also noted that Danske offers products only to customers who have passed an “appropriateness test,” which ensures that they understand attendant…

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Filed under: News - @ February 11, 2026 3:35 pm