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Denmark Financial Watchdog Directs Saxo Bank to Liquidate its Crypto Assets

Denmark’s Financial Supervisory Authority (FSA) has directed Saxo Bank, a Copenhagen-based multi-asset broker, to dump its cryptocurrency holdings. The bank’s trading in crypto assets for its own account is found to be “...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Denmark Financial Watchdog Directs Saxo Bank to Liquidate its Crypto Assets
Denmark’s Financial Supervisory Authority (FSA) has directed Saxo Bank, a Copenhagen-based multi-asset broker, to dump its cryptocurrency holdings.
The bank’s trading in crypto assets for its own account is found to be “outside the legal business area of financial institutions,” the regulator stated....
Read More: Denmark Financial Watchdog Directs Saxo Bank to Liquidate its Crypto Assets

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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