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.
Danske Bank isn't completely sold on cryptocurrency but said it won't stop its customers from using its services in connection with crypto platforms.
Denmark’s largest bank cautious on crypto, but won't interfere
Though Danmarks Nationalbank's governor seems tempted to ignore cryptocurrencies, other banks in the country continue to launch new services based on crypto.
Big tech, not cryptocurrency, is the real threat to central banks’ autonomy, Danish central bank governor says
Ministry of Foreign Affairs of Denmark has released a report analyzing the use of blockchain in the fight against corruption.
Denmark proposes use of blockchain in fight against corruption
MakerDAO’s Gustav Arentoft talks decentralization and regional expansion in a new interview with Cointelegraph.
MakerDAO’s Gustav Arentoft: Decentralization Is Not a Binary Choice
Chainalysis, a provider of crypto transaction data for IRS and FBI, does not think that privacy coins are bad despite not being able to fully track them.
‘Full Transparency Not Ideal for Cryptocurrency’ Says Chainalysis Exec
Law enforcement requests to cryptocurrency exchange Kraken hit their highest ever volume in 2019, rising 49% to 710 as compared with 475 the previous year.
Law Enforcement Requests to Kraken Hit All-Time-High, Up 49% in 2019
Denmark-based cryptocurrency users have begun receiving letters from the local tax agency requesting a full background of all their cryptocurrency transactions.
Report: Denmark’s Tax Agency Is Sending Tax Compliance Letters to Crypto Users