5D68DEB1D459BB854747DED67F9BC68D09718B0A731B04E95E47DDF0531F4CCD 1cw0AK Danish FSA Orders Saxo Bank to Divest Crypto Holdings, Indicating Tightening Regulation

Danish FSA Orders Saxo Bank to Divest Crypto Holdings, Indicating Tightening Regulation

The Danish Financial Supervisory Authority (Finanstilsynet) on July 4, 2023, issued a directive to Saxo Bank, instructing the financial institution to divest its holdings in cryptoassets. This move is based on the current legal framework, which prohibits banks from trading cryptoassets for their own account. (Read More)

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