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No, ABN Amro Isn't Releasing its Own Bitcoin Wallet
Dutch banking giant ABN Amro has denied it is seeking to release a consumer bitcoin wallet.
Dutch banking giant ABN Amro has denied it is seeking to release a bitcoin wallet.
The new statements follow the discovery of an ABN Amro web page that appeared to discuss a potential bitcoin wallet offering and the rampant social media speculation that quickly followed.
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In statements, a representative for ABN Amro said that while the bank had experimented with the idea "three or four years ago", the project was short-lived and quickly shelved.
A spokesperson said:
"It is indeed an old publication about an experiment some years ago. We do not offer our customers a bitcoin wallet."
Nonetheless, the idea sparked widespread enthusiasm on social media, with many bitcoin enthusiasts lauding it as a potential boost for the digital currency.
However, it's worth noting that the idea isn't exactly far-fetched.
Estonia's LHV Bank, for example, has previously released a bitcoin wallet app, while accounting giant Deloitte this week installed a bitcoin ATM in its Toronto offices.
Image credit: TasfotoNL / Shutterstock.com
Pete Rizzo
Pete Rizzo was CoinDesk's editor-in-chief until September 2019. Prior to joining CoinDesk in 2013, he was an editor at payments news source PYMNTS.com.
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