According to news on July 5, the Danish financial regulator ordered Saxo Bank to dispose of its encrypted assets and stated that according to current regulations, banks are not allowed to conduct proprietary transactions. Dangwai Financial Regulatory said in a statement that Saxo Bank has a platform for customers to trade cryptocurrencies, and it also holds encrypted assets to hedge market risks. Such transactions are not part of the legitimate business activities of Danish financial institutions, the statement said. #Content Star#

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