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Denmark’s Saxo Ordered By DFSA to Unload Crypto Stash

Regulators in Denmark have declared local banks will not be permitted to hold digital assets to hedge trading risks. So reports Cointelegraph

To that end, the Danish Financial Supervisory Authority ordered Saxo Bank to dispose of its crypto holdings. Separately, the Danish authority has authorized crypto startup Januar to operate in dozens of European Economic Area markets and the country’s Supreme Court has also addressed several Bitcoin-related tax questions in recent weeks.

Read the full article from Cointelegraph.

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