DNB ‘Cannot Be Confident’ in Bitcoin-Related Account

Norges Bitcoinforening, “an organization for everyone who cares about Bitcoin and other cryptocurrencies,” opened an account with DNB in August. It intended to use the account for collecting donations from members to maintain operations.

But after three weeks as a business customer, DNB suddenly had a change of heart. The bank notified Bitcoinforeningen it would pull the plug on its account.

The reason?