Danish Financial Supervisory Authority Orders Saxo Bank to Liquidate its Cryptocurrency Holdings
On 4 July 2023, the Danish Financial Supervisory Authority made a decision that Saxo Bank A/S’ trading in crypto assets for its own account is found “to lie outside the legal business area of financial institutions, including section 24 of the Financial Business Act.” On… Read More
Read more in: Blockchain & Digital Assets, Fintech, Global, Politics, Legal & Regulation | Tagged banking, compliance, Crypto Holdings, Crypto Regulations, crypto trading, crypto-assets, danish financial supervisory authority, denmark, digital assets, enforcement action, europe, financial services