Denmark orders Saxo Bank to erase cryptocurrency holdings

DFSA's decision about Saxo Bank's crypto holdings will have a "very limited impact" on its business and its customers will not experience any significant changes, the lender said.

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Saxo Bank Ordered to Liquidate Its Portfolio of Crypto Assets by Danish Financial Regulator

According to a July 4, 2023 press release from the Danish Financial Supervisory Authority, Denmark’s Saxo Bank has been instructed to liquidate its holdings of cryptocurrency assets. The financial regulator maintains that Saxo Bank’s portfolio of crypto assets falls “outside the legal business area of ​​financial institutions” and is in violation of the country’s Financial [...]

The post Saxo Bank Ordered to Liquidate Its Portfolio of Crypto Assets by Danish Financial Regulator appeared first on Crypto Breaking News.

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Saxo Bank Expands Crypto Offerings to Meet Growing Demand

Saxo Bank is seeking to expand its cryptocurrency offerings. To this effect, the firm has announced that it will be expanding the list of its [...]

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