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Denmark Unveils Crypto Tax Plan, Recommendations Draw Fire From Bitcoiners


The Danish Tax Council has recommended what it terms non-backed crypto assets like Bitcoin be taxed similarly to asset-based crypto assets. The council argues the recommendations would allow crypto investors to deduct losses from gains thus making taxation more fair. However, some observers believe...

Lego’s Website Hacked to Promote ‘Lego Coin’ Crypto Scam


Lego’s website was hacked to display an unauthorized cryptocurrency ad promoting a fake “Lego coin.” The ad encouraged site visitors to purchase the fake crypto, promising them secret rewards and redirecting them to a suspicious external site selling “Lego tokens.”...

Today in Crypto: Bitstamp 'Permanently' Suspends Trading for Several Altcoins for US Users, MuesliSwap Will Refund Money Lost Due to Slippage 'Misunderstanding', Unstoppable Domains Launches Blue Premium Membership


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Bitstamp 'Permanently' Suspends Trading for Several Altcoins for US Users, MuesliSwap Will Refund Money...

Denmark Financial Watchdog Directs Saxo Bank to Liquidate its Crypto Assets


Denmark’s Financial Supervisory Authority (FSA) has directed Saxo Bank, a Copenhagen-based multi-asset broker, to dump its cryptocurrency holdings. The bank’s trading in crypto assets for its own account is found to be “outside the legal business area of financial institutions,” the regulator...

Bitcoin Profits Deemed Taxable by Denmark’s Supreme Court


Profits from the sale of cryptocurrencies like bitcoin are taxable, according to two rulings by the Supreme Court of Denmark. The verdicts in the cases, which involve crypto purchases and payments as well as income received from bitcoin mining, uphold decisions of lower courts. Denmark’s High Court...

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