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Rabobank is the second major bank to cancel its cryptocurrency wallet

The Next Web Thursday, 23 May 2019
After exploring the opportunity last year, major Dutch bank Rabobank has decided it’s not going to take its plans for a cryptocurrency wallet any further. In February last year, news surfaced that Rabobank was working on a cryptocurrency service – called Rabobit – which promised to bridge the gap between bank accounts and cryptocurrency wallets. But the bank has now confirmed it’s canned the project. However, “After careful consideration with our customers in mind we recently decided that now is not the time to develop the idea further and bring it to the next phase of innovation,” a Rabobank spokesperson…

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