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Bitcoin Crime Risk Sparks Warning at Top Nordic Forex Bank

SEB AB, the largest Nordic foreign currency trader, is rejecting requests from clients seeking to set up accounts to manage Bitcoin amid concern the software could be used to aid crime.

The Stockholm-based bank has for now decided not to touch Bitcoin because of the “large uncertainties” relating to its status, Johan Andersson, chief risk officer at SEB, said in an e-mailed response to questions.