Regulatory news about the cryptocurrency market began to accelerate all over the world. Another step taken in the USA, Asia and Europe came from Denmark. The Danish Financial Supervisory Authority ordered Saxo Bank to divest its assets.
While the regulatory uncertainties continued, this order from the Danish authorities to Saxo Bank created an agenda. In the statement of the order from the competent authority, it was emphasized that trading a proprietary cryptocurrency is illegal in Denmark. Accordingly, it is not possible for Saxo Bank to currently hold assets and allow trade transactions.
Saxo Bank, crypto assets He keeps it in his private trading account and keeps it as a bank investment. It is not known how many assets the giant bank holds. If these assets are disposed of, it is not yet clear whether the method of sale to the market or transfer to another institution/organization will be preferred.
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