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Danish regulator orders Saxo Bank to liquidate crypto holdings

Danish regulator orders Saxo Bank to liquidate crypto holdings

Denmark’s financial regulator, the Danish Financial Supervisory Authority (FSA), has ordered Saxo Bank, one of Europe’s largest online brokers, to ...
Jul, 06, 2023
2 min read
by CryptoPolitan
Saxo Bank Ordered to Liquidate Its Portfolio of Crypto Assets by Danish Financial Regulator

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...
Jul, 05, 2023
2 min read
by Bitcoin News
Danish authority orders Saxo bank to divest crypto holdings, citing distrust in financial system

Danish authority orders Saxo bank to divest crypto holdings, citing distrust in financial system

Denmark’s Financial Supervisory Authority (FSA) ordered investment bank Saxo to divest its cryptocurrency holdings because financial institutions i...
Jul, 05, 2023
2 min read
by CryptoSlate
Saxo Bank Asked To Stop Crypto-Related Activities By Danish Regulator

Saxo Bank Asked To Stop Crypto-Related Activities By Danish Regulator

The Danish FSA has ruled that Saxo Bank's proprietary cryptocurrency transactions are not within the legal business scope of financial institutions.
Jul, 05, 2023
2 min read
by CoinCu News
Denmark's Financial Watchdog Orders Saxo Bank to Shed its Crypto Holdings

Denmark's Financial Watchdog Orders Saxo Bank to Shed its Crypto Holdings

Danish bank Saxo has been ordered by Denmark's financial regulator to shed its own holdings of cryptoassets.
Jul, 05, 2023
by CoinDesk