The Dutch cooperative bank terminates the cryptocurrency wallet program, or the regulatory environment is uncertain

Rabobank announced that it will terminate its cryptocurrency wallet program, which was launched last February. It is reported that the project is called "Rabobit" and aims to establish a connection between the bank account and the cryptocurrency wallet. According to the bank, the current regulatory conditions are not suitable for the further development of the Rabobit project, and many legislative issues remain to be clarified. However, the bank’s spokesperson also said that even if the project does not continue, it is not in vain. This attempt has brought valuable experience to other general work.