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#Saxo Bank

Danish authorities order Saxo Bank to wind down cryptocurrency trading
ForkLog 6 05.07.2023

Danish authorities order Saxo Bank to wind down cryptocurrency trading

The Danish Financial Supervisory Authority has ordered Saxo Bank to liquidate its digital-asset positions by the end of 2024. The regulator said proprietary cryptocurrency trading is not among the permitted activities for financial institutions. Saxo Bank had launched a crypto trading platform for clients and, for hedging, added an undisclosed amount of digital assets to its balance sheet.
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Saxo Bank's 'Shocking Predictions': the digital yuan will unlock China's capital markets
ForkLog 6 08.12.2020

Saxo Bank’s ‘Shocking Predictions’: the digital yuan will unlock China’s capital markets

The digital version of the yuan (DCEP) on the blockchain will in 2021 trigger tectonic shifts in global financial flows, opening China's domestic capital markets to foreign investors. This view was voiced by Saxo Bank analysts in the annual 'Shocking Predictions'.
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