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Danish FSA Orders Saxo Bank to Divest Crypto Holdings, Indicating Tightening Regulation
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Danish FSA Orders Saxo Bank to Divest Crypto Holdings, Indicating Tightening Regulation

The Danish Financial Supervisory Authority (Finanstilsynet) on July 4, 2023, issued a directive to Saxo Bank, instructing the financial institution to divest its holdings in cryptoassets. This move is based on the current legal framework, which prohibits banks from trading cryptoassets for their own account.

Deutsche Börse Taps SEBA Bank as the New Issuer of Crypto ETNs
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Deutsche Börse Taps SEBA Bank as the New Issuer of Crypto ETNs

SEBA’s ETNs are designed to deliver investment returns that correspond to the underlying cryptocurrencies' price and performance.

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