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"Why are banks having anything to say on what an individual can or can't do with his/her own money?" If they intend to do anything in the crypto world, any emp
by jVinc 9y ago
"Why are banks having anything to say on what an individual can or can't do with his/her own money?"
If they intend to do anything in the crypto world, any employees who invest prior are acting on insider information. Even suspicion will lead to investigations which will be really bad PR. They can't go out and say "you can't invest because that makes you insiders" because then they jump the gun. But they can simply add cryptos to the existing list of investments you are barred from due to your position.
Jobs have requirements, like showing up, not burning down the place, and sometimes not investing in certain assets. You sign the contract and can stop at any time if you feel like investing in crypto, not showing up or burning the place down. Though that last one you'll still get in trouble with the authorities. But if you quit first you won't be in breach of contract.