Saxo Bank to Comply With FSA Orders To Dispose of Its Crypto Assets

The Financial Supervisory Authority (FSA) of Denmark has demanded that the Investment Bank Saxo dispose of its cryptocurrency holdings. Meanwhile, the FSA statement cited Section 24 of Denmark’s Financial Business Act, which states that Saxo Bank’s crypto activity “lies outside of the legal business area of financial institutions.” As per the statement, the Danish FSA The post Saxo Bank to Comply With FSA Orders To Dispose of Its Crypto Assets appeared first on Coin Edition .