Denmark's Financial Watchdog Orders Saxo Bank to Shed Its Crypto Holdings

Danish bank Saxo has been ordered by Denmark's financial regulator to shed its own holdings of cryptoassets.

• 2023-07-05
• Danish Financial Supervisory Authority Financial Supervisory Authority financial regulator Saxo Bank FSA crypto regulation crypto assets financial watchdog Denmark

UK watchdog warns crypto firms to prepare for advertising rule change

LONDON (Reuters) -Britain's financial watchdog warned crypto businesses on Monday to get ready for a rule change on advertising later in the year, warning that any breaches by company officials could mean up to two years in prison. Britain's finance ministry said last week it would set out secondary legislation this year to allow crypto firms which comply with the Financial Conduct Authority's anti-money laundering safeguards to issue their own promotions until new crypto regulation is introduc

• 2023-02-06
• crypto regulation Financial Conduct Authority secondary legislation company officials financial watchdog rule change FCA UK consumers