A 33-year old Danish man laundered $450,000 by depositing dirty money in Bitcoin and sending it to exchanges overseas.
Denmark News
The Kingdom of Denmark is a Scandinavian country with a total area — including Greenland and the Faroe Islands — of two million kilometers and a population of little less than 6 million people. Denmark is a developed, free-market economy with one of the highest GDPs per capita in the world. Denmark is also one of the main centers of science and technology development, participating in such projects as European Organization for Nuclear Research, the International Space Station and others. Denmark is a part of the development of blockchain technology, having a highly educated population and advantageous investment climate. Bitcoin in not regulated in Denmark. Danish authorities allow the usage of Bitcoin as a payment tool, as an asset and as a good. However, Bitcoin is not considered to be currency or a legal tender. Bitcoin exchanges in Denmark are not a part of any regulatory authority’s jurisdiction and are free to perform any legal activity.
- News
- Local News
Anders Fogh Rasmussen will advise the Swiss platform on identity two months after it released its proof-of-concept.
- News
The Android version of major web browser Opera now integrates a function that lets its users purchase Ethereum.
- News
Danish state-owned energy company Energinet aims to use Iota Tangle to develop IoT-based products and services.
- News
Denmark’s Tax Authority has been authorized by the country’s Tax Council to obtain information from three domestic crypto exchanges.
- News
Danish authorities are going after those who traded Bitcoin for profit but did not yet declare the extra income.
- News
Japanese financial services giant SBI Group will develop a wallet following a partnership with Danish cryptography services firm Sepior ApS.
- News
Denmark has joined the EU member state blockchain partnership, announcing it will become the ‘first’ country to register ships on blockchain.
- News
Nordea, the largest Scandinavian bank, could be taken to court over its employee Bitcoin ban if it punishes workers for owning legal bitcoins.
-
by Joseph Young
Denmark is considering digitalizing its national currency issuing E-krone as its reserve currency.
-
by Nina Lyon
Norway’s largest bank DNB proposes to stop using cash as a means of payment in the country.
-
by Omar Bessa
No sane person can deny the many benefits of cryptocurrency compared to fiat, and certainly the government can’t deny them, either. The age of e-money seems to ...
-
by Tom Jackson
Danish virtual currency bourse the Crypto Coins Exchange Denmark ApS (CCEDK) has announced a launch of its next-generation payment card - the Bitcoin Debit Nano...
-
by Joseph Young
A week after the announcement by the Central Bank of Denmark to abolish the printing of cash by 2016
Editor’s Choice
- Bank of England Governor: Libra-Like Currency Could Replace US Dollar
- House Financial Services Committee Will Continue Libra Review
- US Man Pleads Guilty to Running $25 Million Bitcoin Laundering Scheme
- Cointelegraph Launches Korean HQ in Seoul, Expanding Presence in Asia
- Ethereum Is in a Bear Market, But One Analyst Explains Why He’s Long