#Denmark News

Danish Authorities to Clamp Down on Bitcoin Tax Evaders

December 11, 2019 by Osato Avan-Nomayo at Regulation

Denmark is set to enforce robust bitcoin tax compliance at its tax agency has received information about 20,000 crypto owners in the country. The Scandinavian nation is the latest country to move towards combating crypto tax evasion. Danish Tax Agency Authorized to Gather Bitcoin Tax Info At the start of...

Danish Court Upholds Nordea’s Push to Bar Employees from Trading Bitcoin

December 4, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

Nordea Bank, a financial institution in Denmark that’s part of the largest financial group in Scandinavia, has been given the go-ahead by a Danish court to continue restricting its employees from owning or trading Bitcoin (BTC). The court says the volatility associated with cryptos justifies the ban, according to a...

Danish Man Laundered $500,000 in Dirty Money through Bitcoin, Says Authorities

April 9, 2019 by Tokoni Uti at Bitcoin, Crime, News

A Danish man has been sentenced to jail for laundering over half a million dollars through bitcoin, as reported on April 8, 2019. Caught in the Act When it was announced that the G-20 member nations would be meeting in June 2019 to discuss crypto policy, the main item on...

Target Scope Denmark Flag Bitcoin Coins Falling

Denmark Government Looking to Forfeit Taxes related to Cryptocurrency Trading

January 16, 2019 by Nuno Menezes at Bitcoin, Finance, News, Regulation

According to a statement published by the tax agency of Denmark, Monday (Jan 14), cryptocurrency trading will soon be taxed in Denmark. Furthermore, the country’s tax agency is now fully authorized to conduct information requests relating to cryptocurrency trading New Authority Seemingly, the Danish Tax Authority has made the move...